Dollar/yen continued moving down, despite more QE in Japan and no QE3 in the US. Will the Japanese authorities intervene at these levels? Average Cash Earnings is the major event this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week the BOJ held its monetary policy meeting and decided to loosen further its monetary measures by expanding its asset purchase program by another 5 trillion yen to 70 trillion yen. The bank also decided to keep rates between 0-0.10%. Will this action succeed to boost Japanese economy?Let’s Start: (full story)