USDJPY 4 HOUR CHART – SAFE HAVEN?
With safe haven JPY buying failing to follow through (low 142.96), USDJPY focus is on 144.50-55, which would need to be broken to shift the focus to 145.
Only above 145 would put the 146.49 high on the radar.
Otherwise, range would be 142/143-145.
Note comments from the BoJ Governor expressing caution on hiking rates seemed to be a factor.