Will the BoJ Intervene?

With USDJPY coming range of the pivotal 150 level traders are on alert for a surprise intervention.History has shown that the threat is often more of a deterrent than the actual intervention unless it is backed up with at mean you want to stand in front of a freight train as we saw last year when USDJPY fell over 26 big figures over the course of a few months.Is this time different?Barring a shift from the ultra-easy monetary policy, given the backdrop of a stronger dollar, traders will likely look to take advantage of BoJ intervention the more times it is employed.With that said, The BoJ has gotten skillful at intervention so it would become more of a cat and mouse game