Look for a possible intervention

Last week, the Bank of Japan (BOJ) decided to maintain interest rates at their current levels. However, Japan's Financial Minister, Shunichi Suzuki, made it clear that he is open to exploring various options within the currency market. Notably, both US Treasury Secretary Janet Yellen and Japan's Prime Minister Fumio Kishida have hinted at the possibility of intervening in the JPY exchange rate.

Technical indicators, such as the Stochastic, are signaling overbought conditions, and the price range between 153 and 155 is marked by significant resistance, making it an attractive level for potential intervention.

Komen:

A senior Japanese finance ministry official said that the Group of Seven (G7) statement reaffirmed the group’s shared understanding that excess currency volatility is problematic When questioned by reporters regarding the yen's recent decline approaching the significant 150 level.
In August, an ex-Bank of Japan official predicted no yen intervention until the breach of 150 thresholds.
And the latest measured resistance is 154.85