"Yen's Technical Outlook and Intervention Risk Amidst US Dollar Recovery and Consumer Sentiment Focus"
The Japanese yen's technical outlook against the US dollar, euro, and Australian dollar shows mixed signals. USD/JPY is facing resistance at the psychological 150 mark, but there is no sign of a reversal in the uptrend. EUR/JPY is struggling to extend gains as it is capped by strong resistance, but it continues to hold above key support. AUD/JPY is holding above strong converged support, indicating a broader upward bias, but the path of least resistance remains sideways unless it clears the June high.