Speculation that officials remain active in the market continues to cap attempts at recovery. Japanese authorities have offered no confirmation of last week's operation, but several news outlets reported the invention last Friday based on interviews with sources close to the BoJ. That deliberate ambiguity is keeping traders reluctant to rebuild large Yen-short positions, with liquidity thinning around the figure levels where intervention is suspected to have been executed. Attention now turns to the release of the BoJ Monetary Policy Meeting Minutes during the Asian session on Wednesday, which covers the June gathering and precedes both the intervention episode and last week's rate decision. (The technical analysis of this story was written with the help of an AI tool.