Japanese yen intervention alert: USDJPY pullback signals. The pair recently retreated from an 18-month peak following Tokyo's warnings about currency support measures. Currently, the pair is contained within a rising wedge formation, trading below the 158.90 resistance level, while 157.75 represents the critical support zone traders are monitoring closely. A decisive break beneath this support could trigger further downside momentum—worth watching for those tracking currency movements' influence on broader crypto market dynamics.
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ser_we_are_ngmi
· 17h ago
The Bank of Japan's recent actions caused the USD/JPY to collapse directly. If the 157.75 level breaks, our crypto circle might also have to tremble a bit.
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0xDreamChaser
· 01-16 17:18
The Bank of Japan is causing trouble again. Can they save the yen this time... If 157.75 breaks, our crypto market will probably shake along too.
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AlwaysAnon
· 01-16 17:18
The Japanese Yen is causing trouble again. The position around 158 is indeed quite interesting.
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NullWhisperer
· 01-16 17:15
ngl the wedge setup here is interesting... 157.75 breaks and we're probably looking at some real cascade action. technically speaking, this could be a vulnerable moment for btc positioning if liquidity dries up
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SatoshiSherpa
· 01-16 17:12
Is Japan about to intervene again? Will this intervention really break through 158.90? It seems like 157.75 won't hold.
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HallucinationGrower
· 01-16 17:11
The Japanese Yen is causing trouble again. If it can't break through 158.90, it will really have to smash through 157.75.
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wagmi_eventually
· 01-16 16:54
The Bank of Japan is at it again. Will the yen rebound this time... Whether it breaks 157.75 or not will directly determine the subsequent trend.
Japanese yen intervention alert: USDJPY pullback signals. The pair recently retreated from an 18-month peak following Tokyo's warnings about currency support measures. Currently, the pair is contained within a rising wedge formation, trading below the 158.90 resistance level, while 157.75 represents the critical support zone traders are monitoring closely. A decisive break beneath this support could trigger further downside momentum—worth watching for those tracking currency movements' influence on broader crypto market dynamics.