TREE NEWS reports: USD/JPY fell below 155 on September 7, having twice defended that area after Golden Week intervention and a second intervention in late July. By early September 8 the pair had dropped below 154.50. The move also broke the 38.2% retracement of the rally from below 139.50 in April 2025 to just under 164 in July 2026, putting the January low below 152.50 and the 50% retracement above 151.50 in view.
USD/JPY Breaks Below 155 for First Time After Two Failed Tests
The significance lies less in the level itself than in the fact that a threshold defended twice by intervention has now given way, suggesting official support may be losing its grip on the pair's direction. The technical break matters because it shifts attention to deeper retracement levels that had been out of scope while 155 held. What is worth watching is whether the move extends toward those levels or stabilizes, and whether intervention returns at a lower line.
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