The Bank of Japan on the wires + a look at USD/JPY

The Bank of Japan on the wires

The headlines

• JGB 10 year yield rises above 0.105%, the highest since Feb 2017
• BoJ offers to lend 132.4 billion JPY of government debt on spot
• BoJ announces special fixed rate JGB buying operation
• BoJ offers to buy unlimited amount of 10 year JGBs at yield of 0.100%
• Japan's 10 year yield erases advance at 0.100%

Where USD/JPY is sitting makes these little headlines all the more significant. What will it take to push things to break out?

The daily zone of previous resistance turned support:

The intraday triangle coil:

I can feel a good move coming when it breaks.