The pair is flat on the day now at 151.42 as it continues to hang near multi-year highs since last week. The 2022 and 2023 highs of 151.90-94 is the key resistance region in play at the moment for USD/JPY. Hold below and sellers can look to build off that ceiling to push price back lower. But break above and the sky is the limit for the pair as there is little technical resistance left until above 160.As such, the only thing that can rein in any USD/JPY breakout from here is intervention by Tokyo. And the warnings are growing louder in the last few days. Earlier today, Japan's top currency diplomat Kanda was rather vocal about the situation. He said that the yen's weakness did not reflect fu
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