Will Bank of Japan Governor Ueda rescue the JPY? Speaking at 5 past the hour
Ueda to speak:
I don't think he'll be too dovish so he might stabilise the yen. We'll see.
USD/JPY has surged:
![usdyen Bank of Japan Governor Ueda 1](https://images.forexlive.com/images/usdyen%20Bank%20of%20Japan%20Governor%20Ueda_id_ea010cfb-f20f-4e45-ab63-2a6b4ce864cf_size900.jpg)
Sheesh .... I popped up this hourly chart looking for some USD/JPY resistance. I am not seeing much until around 153.90, where I placed the cursor, that dotted line @ 153.894. Surely resistance is not that far away?