USD/JPY at 38-Year High: Is BOJ Intervention Finally Coming?USD/JPYOANDA:USDJPYKlejdiCuniUSD/JPY at 38-Year High: Is BOJ Intervention Finally Coming? USDJPY has reached an all-time high of 162.40 and has just hit its lowest level since 1986. Today we had another verbal threat of intervention from the Bank of Japan, but as usual nothing happened. The question is why the market has not reacted so far and what is the BOJ doing at the moment. Maybe they should talk to Washington first before they start intervening and that could be the big problem that they have not acted so far. However, it seems like a hopeless situation... let's hope they will act as they are threatening. It looks like toilet paper at this price. If the Bank of Japan (BOJ) and the US start intervening, we should face huge price volatility on all charts and not just USDJPY. We have to be careful. They can start intervening whenever they want...if they want. You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️