USD/JPY nervy as traders test waters at 150.00

<p>It doesn't look quite like Tokyo intervention considering the size of the drop rather than stops being triggered. On some charts, you might not see it touch the 150.00 mark (at least not on my broker screen) but the Reuters quote is putting it up there right on the dot at least. Watch this space. It's either we'll see the BOJ step in to hammer down the price again or this is going to be a running break to 151 or higher.</p>

This article was written by Justin Low at www.forexlive.com.