At the time of writing, the pair trades volatile at around 152.70-153.00. The Yen strengthens as US equity losses and Fed caution trigger a late-session reversal in USD/JPYThe Japanese Yen (JPY) appreciated amid a shift in risk-appetite that sent the US Dollar higher, before trading against its Asian counterpart. Alongside this, the Fed Chair Jerome Powell commented that they will remain data-dependent and that decisions should be made, meeting by meeting. USD/JPY Price Forecast: Technical outlookDespite seesawing during the session, USD/JPY seems poised to achieve back-to-back sessions of a ‘bullish harami’ candle pattern, which usually happens at the end of a bearish run. If USD/JPY clears 155.00, buyers could drive the exchange rate to the last cycle high seen on January 23 at 159.22.