Japan Issues Intervention “Final Warning” as USD/JPY Breaks 160, But Dollar Strength Prevents Reversal.Japan has officially triggered its “Final Warning” as USD/JPY breached the 160 Red Line, but the resulting policy pressure is unlikely to break the back of Dollar. Instead, the coordinated “Double-Team” effort from the Ministry of Finance and the Bank of Japan is creating a tactical ceiling in USD/JPY, that will squeeze Yen-short positioning into the crosses like AUD/JPY.