Let's take a look at USDJPY:
Weekly: is crossed up. Price is above kijun although it is flat. Chikou is above price. Net net scenario. Will flat kijun cause a pullback or will it move higher , i don't know at this point of time.
Daily: . Kijun is holding as support. is crossed down. There is some resistance there as shown by my black box . Once we close above, 118 is next target for me.
If Kijun breaks, we may see some correction. For now, we have to watch it patiently instead of rushing. My bias remains still.
What it does here , is a tell for gold and 10y note. Note is already breaking down however. Waiting for UJ to make a move.
Take care and thanks for the read.