JPY — possibility of new intervention?
Last week's interventions pushed USD/JPY down from the 160.70 peak. We're back at 157.50, and the yen's rebound, combined with this week's comments from Japan's Finance Minister and her declared accord with Scott Bessent during his Tokyo visit, points to a possible fresh intervention.
For EUR/JPY, we see heavy volume resistance at 185.50. First support at 182 with a possible slide down to 180 and below.
USD/JPY — key levels:
Resistance: 158.00 – 158.50 (strong ceiling)
Support: thin until 155
On intervention: 151–152 can be fast
EUR/JPY:
Heavy-volume wall: 185.50
First real support: 182
Break of 182 → 180 and lower (also takes out 2026 YTD low at 181.25)
By Born2trade market research department
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