USDJPY at Risk? Sell Zone at 158.600 as Intervention Fears Rise!US Dollar/Japanese YenFX:USDJPYJoeChampionHey Traders, In today’s trading session, we are monitoring USDJPY for a potential selling opportunity around the 158.600 zone. USDJPY previously traded in a strong uptrend but has successfully broken below that structure, signaling a potential shift in momentum. Price is now in a corrective pullback, approaching a key retracement level and the 158.600 support-turned-resistance area, which may act as a strong rejection zone. From a fundamental perspective, recent comments from the Bank of Japan (BoJ) and Japan’s Ministry of Finance (MoF) continue to emphasize heightened intervention risk at elevated price levels. This ongoing threat of currency intervention adds downside pressure to USDJPY and supports the bearish technical bias. As always, wait for confirmation and manage risk responsibly. Trade safe, Joe.