I’m not a huge ichimuko cloud guy but it is worth noting that the base of the cloud comes in at 83.18. The high today? 83.28. That resistance, combined with heavy exporter sales from the 83.25 up to the 83.75 level should make the topside a grind rather than a rocket-shot in USD/JPY. Firmer US yields should cushion the greenback on dips.

11-15 jpy