Intervention: Does U.S. backing change the USDJPY trend?

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Intervention: Does U.S. backing change the USDJPY trend?U.S. Dollar / Japanese YenFOREXCOM:USDJPYYenSenseiIntervention: Does U.S. backing change the USDJPY trend? Japanese wisdom says: “After victory, tighten the cords of your helmet” — 勝って兜の緒を締めよ.U.S. Treasury Secretary Scott Bessent said he was proud of the yen intervention and noted that many consider the Chinese yuan undervalued against the dollar. For the yen, the message is clear: Washington is prepared to support action against disorderly currency weakness. This raises the risk of renewed intervention if USDJPY rebounds sharply, although the wide U.S.–Japan yield gap remains supportive for the dollar. Possible scenarios: Bearish continuation:A break below 157.30 would bring 156.09 back into focus. Recovery: A sustained move above 157.75 could open the way toward 158.07 and 158.56. Range: Between 157.30 and 157.75, waiting remains the preferred approach.The immediate bearish scenario would be invalidated by a sustained recovery above 158.07. Will U.S. support push USDJPY below 157.30—yes or no? This material is intended for informational purposes only and does not constitute investment advice or a personalized investment recommendation. The yen. The Bank of Japan. Carry trade. One market — analyzed to its core. — YenSensei