USD/JPY(20260120)Today's AnalysisUS Dollar/Japanese YenFX:USDJPYGoldDiggerPigMarket News: According to sources who spoke to CNBC on Monday, Federal Reserve Chairman Jerome Powell plans to appear before the U.S. Supreme Court on Wednesday for oral arguments. The case centers on whether President Trump has the authority to remove Federal Reserve Governor Lisa Cook from her post. Powell's planned appearance comes as he faces a criminal investigation by the U.S. Attorney's Office for the District of Columbia for his involvement in a multi-billion dollar renovation project at the Federal Reserve headquarters and related congressional testimony. The Associated Press first reported Powell's plans. It is extremely rare for a Federal Reserve chairman to personally appear for oral arguments in such a case. However, the question of whether a president can remove a Federal Reserve governor in the manner Trump has attempted is considered within the Fed to be a potentially fundamental issue concerning the central bank's survival. Technical Analysis: Today's Buy/Sell Threshold: 157.89 Support and Resistance Levels: 158.62 158.34 158.17 157.60 157.43 157.15 Trading Strategy: If the price breaks above 158.17, consider buying with a first target price of 158.34. If the price breaks below 157.89, consider selling with a first target price of 157.60.