USD/JPY not a lot changed after the high, but not as high as expected, Tokyo CPI numbers

<p>USD/JPY is not a lot changed after the data:</p><ul><li><a href="https://www.forexlive.com/centralbank/tokyo-area-cpi-for-june-headline-31-vs-38-expected-20230629/" target="_blank" rel="follow" data-article-link="true">Tokyo area CPI for June, headline 3.1% vs. 3.8% expected</a></li></ul><p>Its hovering just under 145, which is discussed as a bit of a level for the Bank of Japan to intervene. </p><ul><li><a href="https://www.forexlive.com/centralbank/145-150-in-usdjpy-nominated-as-the-area-to-watch-for-bank-of-japan-yen-intervention-20230627/" target="_blank" rel="follow" data-article-link="true">145-150 in USD/JPY nominated as the area to watch for Bank of Japan yen intervention</a></li></ul><p>But maybe not:</p><ul><li><a href="https://www.forexlive.com/centralbank/usdjpy-at-152-is-a-possible-bank-of-japan-intervention-trigger-credit-suisse-20230629/" target="_blank" rel="follow" data-article-link="true">USD/JPY at 152 is a possible Bank of Japan intervention trigger – Credit Suisse</a></li></ul><p>Make sure you check out this quick video update from Greg:</p><ul><li><a href="https://www.forexlive.com/technical-analysis/i-know-i-know-i-know-the-usdjpy-is-overbought-but-how-do-you-trade-it-20230629/" target="_blank" rel="follow" data-article-link="true">I know. I know.. I know. The USDJPY is overbought, but how do you trade it?</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.