#USDJPY: Carry Trade Under Pressure as the Yen StrengthensUS Dollar vs. Japanese YenFX:USDJPYStriforUSDJPY continues its sharp decline after reversing from the previously discussed 160+ zone. The joint U.S.–Japan intervention changed the market's perception of risk, while expectations of another Bank of Japan rate hike and signs of carry-trade unwinding are now adding further pressure. Technically, the pair has returned to the broad 142–157.6 range. The first important support area is around 152.8, where buyers are already beginning to react. However, after such a powerful bearish impulse, it is still too early to call this a confirmed reversal. If 152.8 fails to hold, the next particularly interesting area is around 148, where a major high-volume zone and the daily Point of Control are located. At the same time, the fundamental case for the carry trade has not disappeared completely — the interest-rate differential remains significant. The key question now is whether that advantage will be enough to stop the yen's bullish momentum.