USDJPY below 155 triggers Downside to 150

Attached: Daily Chart Live 20th Jan 2025

BOJ is poised to raise rates to highest in 17 years this coming Friday

Price already has a Bearish RSI Divergence and below 155 (50 Day EMA, red ma) will Trigger a BREAKDOWN

Which then opens Downside Targets to 153/ 152/ 150🎯& even lower levels📉
This could be a Trend Change on the Weekly Timeframe as well given it would be driven by Central Bank Rate Decision

Please Note:
BOJ meets Jan 23-24, decision expected 0330-0430GMT Friday
Board likely to raise short-term rates to 0.5% from 0.25%
BOJ seen raising price forecast, flag brightening wage outlook
Markets focusing on hints on pace, timing of subsequent hikes
Governor Ueda to brief media 0630GMT Friday

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