The Japanese Yen is diving across the board in Tuesday´s European session, hammered by a dovish BoJ monetary policy statement. This has boosted the USD/JPY about 1.25% higher on the day so far, to reach intra-day highs near 145.00. The Bank of Japan maintained its ultra-loose monetary policy unchanged at its last meeting of the year. Although this was widely expected, the market was hoping for some signal of an exit in the next months, which did not happen. Quite the opposite, BoJ Governor Ueda highlighted the uncertain inflation outlook and vowed to take additional easing measures if necessary. These comments have boosted negative pressure on the JPY. The pair is now in a corrective move, yet with the broader bearish trend unchanged, as the increasing speculation of Fed cuts in early 2024 is weighing on the US Dollar. Technical indicators show overbought levels on intra-day charts as the pair approaches resistance at 145.00/10 where the trendline from mid-November highs meets the prices. Above here, the next targets are 146.50 and 147.45. Supports lie at 142.35 and 141.00.