Wednesday, June 24


JAPANESE YEN FORECAST

  • The Japanese yen depreciates sharply against the U.S. dollar and the euro after the Bank of Japan maintains its policy of negative rates and only modestly tweaks its yield curve control program
  • Japan’s Ministry of Finance says it has not intervened in the FX market recently
  • This piece examines the crucial technical levels for USD/JPY and EUR/JPY to monitor in the upcoming trading sessions

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The Japanese yen suffered large losses against the U.S. dollar and euro on Tuesday following Bank of Japan’s monetary policy announcement. In early afternoon trading in New York, USD/JPY was up about 1.5% to 151.35, a level it had not reached since October last year. Meanwhile, EUR/JPY was up around 1.2%, breaking above the 160.00 threshold and hitting its highest mark in 15 years.

The BoJ maintained its benchmark rate unchanged at -0.10% and tweaked its yield curve control program, indicating that it would take a more flexible approach to controlling long-term rates. Under the new scheme, the institution would allow the 10-year government bond yield to rise above 1.0%, characterizing this level as a reference point rather than a rigid cap as previously considered.

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Traits of Successful Traders

While the BoJ’s action is a step in the direction of dismantling its controversial accommodative position of the past decade, the measure didn’t live up to expectations after a media leak on Monday suggested that the institution, under Kazuo Ueda’s leadership, was prepared to implement a more substantial and meaningful change to its current strategy.

The yen’s drop was worsened by news that the Ministry of Finance had stayed out of FX markets recently. Traders believed that the government had taken measures to support the currency earlier this month, but official data contradicts this claim. This means that the high volatility experienced a few weeks ago, when USD/JPY broke above 150.00, was probably the result of trading algorithms.

With the BoJ not yet ready to exit its ultra-dovish stance altogether and the Japanese government not doing much to contain FX weakness, rampant speculative activity could keep driving USD/JPY and EUR/JPY higher in the near term. This could mean fresh multi-year highs for both pairs heading into November.

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How to Trade USD/JPY

USD/JPY TECHNICAL ANALYSIS

USD/JPY broke out on the topside, clearing the 151.00 handle on Tuesday hitting its highest level in more than 12 months. With bullish momentum on its side, the pair could soon challenge a key ceiling at 151.95, which corresponds to last year’s peak. On further strength, the focus shifts to channel resistance at 152.85.

On the flip side, if the bears return and trigger a pullback, initial technical support becomes visible at 150.95. Breaching this floor could entice new sellers to enter the market, setting the stage for a retracement towards 148.90. Below this area, traders’ attention turns to the psychological 148.00 handle, followed by 146.00.

USD/JPY TECHNICAL CHART

USD/JPY Chart Created Using TradingView

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of clients are net long.




of clients are net short.

Change in Longs Shorts OI
Daily -21% 13% 6%
Weekly -27% 6% -1%

EUR/JPY TECHNICAL ANALYSIS

EUR/JPY also blasted higher on Tuesday, capturing its strongest level in 15 years. Despite this outsize rally, the pair failed to clear trendline resistance at 161.00. For clues on the outlook, this technical zone should be watched carefully in the coming days, bearing in mind that a breakout could spark a move towards 162.80.

In the unexpected event that sellers regain control of the market, support can be spotted at 159.70. Below this area, the focus shifts to 156.65 and 154.50 thereafter.

EUR/JPY TECHNICAL CHART

EUR/JPY Chart Created Using TradingView

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Object.assign(,this.timingMetrics)getHistoryMethodForAction(action)switch(action)case"replace":return history.replaceState;case"advance":case"restore":return history.pushStatehasPreloadedResponse()return"object"==typeof this.responseshouldIssueRequest()return!this.isSamePage&&("restore"==this.action?!this.hasCachedSnapshot():this.willRender)cacheSnapshot()render(callback)return __async$3(this,null,function*()this.cancelRender(),yield new Promise(resolve=>this.frame=requestAnimationFrame(()=>resolve())),yield callback(),delete this.frame)cancelRender()this.frame&&(cancelAnimationFrame(this.frame),delete this.frame)function isSuccessful(statusCode)return 200<=statusCode&&statusCode<300class BrowserAdapter{constructor(session2)this.progressBar=new ProgressBar,this.showProgressBar=()=>this.progressBar.show(),this.session=session2visitProposedToLocation(location2,options)uuid(),options)visitStarted(visit2)this.location=visit2.location,visit2.loadCachedSnapshot(),visit2.issueRequest(),visit2.goToSamePageAnchor()visitRequestStarted(visit2)this.progressBar.setValue(0),visit2.hasCachedSnapshot()visitRequestCompleted(visit2)visit2.loadResponse()visitRequestFailedWithStatusCode(visit2,statusCode)switch(statusCode)case SystemStatusCode.networkFailure:case SystemStatusCode.timeoutFailure:case SystemStatusCode.contentTypeMismatch:return this.reload(reason:"request_failed",context:statusCode:statusCode);default:return visit2.loadResponse()visitRequestFinished(_visit)this.progressBar.setValue(1),this.hideVisitProgressBar()visitCompleted(_visit)pageInvalidated(reason)this.reload(reason)visitFailed(_visit)visitRendered(_visit)formSubmissionStarted(_formSubmission)this.progressBar.setValue(0),this.showFormProgressBarAfterDelay()formSubmissionFinished(_formSubmission)this.progressBar.setValue(1),this.hideFormProgressBar()showVisitProgressBarAfterDelay()this.visitProgressBarTimeout=window.setTimeout(this.showProgressBar,this.session.progressBarDelay)hideVisitProgressBar()this.progressBar.hide(),null!=this.visitProgressBarTimeout&&(window.clearTimeout(this.visitProgressBarTimeout),delete this.visitProgressBarTimeout)showFormProgressBarAfterDelay()null==this.formProgressBarTimeout&&(this.formProgressBarTimeout=window.setTimeout(this.showProgressBar,this.session.progressBarDelay))hideFormProgressBar()this.progressBar.hide(),null!=this.formProgressBarTimeout&&(window.clearTimeout(this.formProgressBarTimeout),delete this.formProgressBarTimeout)reload(reason)window.location.hrefget navigator()return this.session.navigator}class CacheObserverconstructor()this.selector="[data-turbo-temporary]",this.deprecatedSelector="[data-turbo-cache=false]",this.started=!1,this.removeTemporaryElements=_event=>for(const element of this.temporaryElements)element.remove()start()(this.started=!0,addEventListener("turbo:before-cache",this.removeTemporaryElements,!1))stop()this.started&&(this.started=!1,removeEventListener("turbo:before-cache",this.removeTemporaryElements,!1))get temporaryElements()return[...document.querySelectorAll(this.selector),...this.temporaryElementsWithDeprecation]get temporaryElementsWithDeprecation()var elements=document.querySelectorAll(this.deprecatedSelector);return elements.length&&console.warn(`The $this.deprecatedSelector selector is deprecated and will be removed in a future version. Use $this.selector instead.`),[...elements]class FrameRedirectorconstructor(session2,element)this.session=session2,this.element=element,this.linkInterceptor=new LinkInterceptor(this,element),this.formSubmitObserver=new FormSubmitObserver(this,element)start()this.linkInterceptor.start(),this.formSubmitObserver.start()stop()this.linkInterceptor.stop(),this.formSubmitObserver.stop()shouldInterceptLinkClick(element,_location,_event)return this.shouldRedirect(element)linkClickIntercepted(element,url,event)var frame=this.findFrameElement(element);frame&&frame.delegate.linkClickIntercepted(element,url,event)willSubmitForm(element,submitter)return null==element.closest("turbo-frame")&&this.shouldSubmit(element,submitter)&&this.shouldRedirect(element,submitter)formSubmitted(element,submitter)var frame=this.findFrameElement(element,submitter);frame&&frame.delegate.formSubmitted(element,submitter)shouldSubmit(form,submitter)var action=getAction(form,submitter),meta=this.element.ownerDocument.querySelector('meta[name="turbo-root"]'),meta=expandURL(null!=(meta=null==meta?void 0:meta.content)?meta:"/");return this.shouldRedirect(form,submitter)&&locationIsVisitable(action,meta)shouldRedirect(element,submitter)return!!(element instanceof HTMLFormElement?this.session.submissionIsNavigatable(element,submitter):this.session.elementIsNavigatable(element))&&(!!(submitter=this.findFrameElement(element,submitter))&&submitter!=element.closest("turbo-frame"))findFrameElement(element,submitter)element.getAttribute("data-turbo-frame");if(submitter&&"_top"!=submitter)element=this.element.querySelector(`#$submitter:not([disabled])`);if(element instanceof FrameElement)return elementclass Historyconstructor(delegate)this.restorationIdentifier=uuid(),this.restorationData=,this.started=!1,this.pageLoaded=!1,this.onPopState=event=>this.shouldHandlePopState()&&(event=(event.state,this.onPageLoad=_event=>__async$3(this,null,function*()yield function nextMicrotask()return Promise.resolve()(),this.pageLoaded=!0),this.delegate=delegatestart()this.startedstop()this.started&&(removeEventListener("popstate",this.onPopState,!1),removeEventListener("load",this.onPageLoad,!1),this.started=!1)push(location2,restorationIdentifier)this.update(history.pushState,location2,restorationIdentifier)replace(location2,restorationIdentifier)this.update(history.replaceState,location2,restorationIdentifier)update(method,location2,restorationIdentifier=uuid())method.call(history,turbo:restorationIdentifier:restorationIdentifier,"",location2.href),this.location=location2,this.restorationIdentifier=restorationIdentifiergetRestorationDataForIdentifier(restorationIdentifier)return this.restorationData[restorationIdentifier]updateRestorationData(additionalData)var restorationIdentifier=this["restorationIdentifier"],restorationData=this.restorationData[restorationIdentifier];this.restorationData[restorationIdentifier]=Object.assign(Object.assign(,restorationData),additionalData)assumeControlOfScrollRestoration()(this.previousScrollRestoration=null!=(_a=history.scrollRestoration)?_a:"auto",history.scrollRestoration="manual")relinquishControlOfScrollRestoration()this.previousScrollRestoration&&(history.scrollRestoration=this.previousScrollRestoration,delete this.previousScrollRestoration)shouldHandlePopState()return this.pageIsLoaded()pageIsLoaded()class Navigator{constructor(delegate)this.delegate=delegateproposeVisit(location2,options=)this.delegate.allowsVisitingLocationWithAction(location2,options.action)&&(locationIsVisitable(location2,this.view.snapshot.rootLocation)?this.delegate.visitProposedToLocation(location2,options):window.location.href=location2.toString())startVisit(locatable,restorationIdentifier,options=)this.stop(),this.currentVisit=new Visit(this,expandURL(locatable),restorationIdentifier,Object.assign(referrer:this.location,options)),this.currentVisit.start()submitForm(form,submitter)this.stop(),this.formSubmission=new FormSubmission(this,form,submitter,!0),this.formSubmission.start()stop()this.formSubmission&&(this.formSubmission.stop(),delete this.formSubmission),this.currentVisit&&(this.currentVisit.cancel(),delete this.currentVisit)get adapter()return this.delegate.adapterget view()return this.delegate.viewget history()return this.delegate.historyformSubmissionStarted(formSubmission)"function"==typeof this.adapter.formSubmissionStarted&&this.adapter.formSubmissionStarted(formSubmission)formSubmissionSucceededWithResponse(formSubmission,fetchResponse)return __async$3(this,null,function*()var responseHTML,shouldCacheSnapshot,statusCode,redirected,action;formSubmission==this.formSubmission&&(responseHTML=yield fetchResponse.responseHTML)&&(statusCode,redirected=((shouldCacheSnapshot=formSubmission.isSafe))formSubmissionFailedWithResponse(formSubmission,fetchResponse)return __async$3(this,null,function*()var responseHTML=yield fetchResponse.responseHTML;responseHTML&&(responseHTML=PageSnapshot.fromHTMLString(responseHTML),fetchResponse.serverError?yield this.view.renderError(responseHTML,this.currentVisit):yield this.view.renderPage(responseHTML,!1,!0,this.currentVisit),this.view.scrollToTop(),this.view.clearSnapshotCache()))formSubmissionErrored(formSubmission,error)console.error(error)formSubmissionFinished(formSubmission)"function"==typeof this.adapter.formSubmissionFinished&&this.adapter.formSubmissionFinished(formSubmission)visitStarted(visit2)this.delegate.visitStarted(visit2)visitCompleted(visit2)this.delegate.visitCompleted(visit2)locationWithActionIsSamePage(location2,action)var anchor=getAnchor(location2),currentAnchor=getAnchor(this.view.lastRenderedLocation),isRestorationToTop="restore"===action&&void 0===anchor;return"replace"!==action&&getRequestURL(location2)===getRequestURL(this.view.lastRenderedLocation)&&(isRestorationToTopvisitScrolledToSamePageLocation(oldURL,newURL)this.delegate.visitScrolledToSamePageLocation(oldURL,newURL)get location()return this.history.locationget restorationIdentifier()return this.history.restorationIdentifiergetActionForFormSubmission(submitter,formElement)}(prototype=PageStage=PageStage||)[prototype.initial=0]="initial",prototype[prototype.loading=1]="loading",prototype[prototype.interactive=2]="interactive",prototype[prototype.complete=3]="complete";class PageObserverconstructor(delegate)this.stage=PageStage.initial,this.started=!1,this.interpretReadyState=()=>var readyState=this["readyState"];"interactive"==readyState?this.pageIsInteractive():"complete"==readyState&&this.pageIsComplete(),this.pageWillUnload=()=>this.delegate.pageWillUnload(),this.delegate=delegatestart()stop()this.started&&(document.removeEventListener("readystatechange",this.interpretReadyState,!1),removeEventListener("pagehide",this.pageWillUnload,!1),this.started=!1)pageIsInteractive()this.stage==PageStage.loading&&(this.stage=PageStage.interactive,this.delegate.pageBecameInteractive())pageIsComplete()this.pageIsInteractive(),this.stage==PageStage.interactive&&(this.stage=PageStage.complete,this.delegate.pageLoaded())get readyState()return document.readyStateclass ScrollObserverconstructor(delegate)this.started=!1,this.onScroll=()=>this.updatePosition(x:window.pageXOffset,y:window.pageYOffset),this.delegate=delegatestart()stop()this.started&&(removeEventListener("scroll",this.onScroll,!1),this.started=!1)updatePosition(position)this.delegate.scrollPositionChanged(position)class StreamMessageRenderer{render(fragment)Bardo.preservingPermanentElements(this,function getPermanentElementMapForFragment(fragment)var permanentElementsInDocument=queryPermanentElementsAll(document.documentElement),permanentElementMap=;for(const permanentElementInDocument of permanentElementsInDocument)var id=permanentElementInDocument["id"];for(const streamElement of fragment.querySelectorAll("turbo-stream"))var elementInStream=getPermanentElementById(streamElement.templateElement.content,id);elementInStream&&(permanentElementMap[id]=[permanentElementInDocument,elementInStream])return permanentElementMap(fragment),()=>document.documentElement.appendChild(fragment))enteringBardo(currentPermanentElement,newPermanentElement)newPermanentElement.replaceWith(currentPermanentElement.cloneNode(!0))leavingBardo()}class StreamObserverconstructor(delegate)this.sources=new Set,this.started=!1,this.inspectFetchResponse=event=>var response=function fetchResponseFromEvent(event)event=null==(event=event.detail)?void 0:event.fetchResponse;if(event instanceof FetchResponse)return event(event);response&&function fetchResponseIsStream(response)response=null!=(response=response.contentType)?response:"";return response.startsWith(StreamMessage.contentType)(response)&&(event.preventDefault(),this.receiveMessageResponse(response)),this.receiveMessageEvent=event=>this.started&&"string"==typeof event.data&&this.receiveMessageHTML(event.data),this.delegate=delegatestart()this.startedstop()this.started&&(this.started=!1,removeEventListener("turbo:before-fetch-response",this.inspectFetchResponse,!1))connectStreamSource(source)this.streamSourceIsConnected(source)disconnectStreamSource(source)this.streamSourceIsConnected(source)&&(this.sources.delete(source),source.removeEventListener("message",this.receiveMessageEvent,!1))streamSourceIsConnected(source)return this.sources.has(source)receiveMessageResponse(response)return __async$3(this,null,function*()var html=yield response.responseHTML;html&&this.receiveMessageHTML(html))receiveMessageHTML(html)this.delegate.receivedMessageFromStream(StreamMessage.wrap(html))class ErrorRenderer extends Rendererstatic renderElement(currentElement,newElement)vardocumentElement,body=document;documentElement.replaceChild(newElement,body)render()return __async$3(this,null,function*()this.replaceHeadAndBody(),this.activateScriptElements())replaceHeadAndBody()vardocumentElement,head=document;documentElement.replaceChild(this.newHead,head),this.renderElement(this.currentElement,this.newElement)activateScriptElements()for(const replaceableElement of this.scriptElements)var element,parentNode=replaceableElement.parentNode;parentNode&&(element=activateScriptElement(replaceableElement),parentNode.replaceChild(element,replaceableElement))get newHead()return this.newSnapshot.headSnapshot.elementget scriptElements()return document.documentElement.querySelectorAll("script")class PageRenderer extends Renderer{static renderElement(currentElement,newElement)document.body&&newElement instanceof HTMLBodyElement?document.body.replaceWith(newElement):document.documentElement.appendChild(newElement)get shouldRender()return this.newSnapshot.isVisitable&&this.trackedElementsAreIdenticalget reloadReason()return this.newSnapshot.isVisitable?this.trackedElementsAreIdentical?void 0:reason:"tracked_element_mismatch":reason:"turbo_visit_control_is_reload"prepareToRender()return __async$3(this,null,function*()yield this.mergeHead())render()return __async$3(this,null,function*()this.willRender&&(yield this.replaceBody()))finishRendering()get currentHeadSnapshot()return this.currentSnapshot.headSnapshotget newHeadSnapshot()return this.newSnapshot.headSnapshotget newElement()return this.newSnapshot.elementmergeHead()return __async$3(this,null,function*()var mergedHeadElements=this.mergeProvisionalElements(),newStylesheetElements=this.copyNewHeadStylesheetElements();this.copyNewHeadScriptElements(),yield mergedHeadElements,yield newStylesheetElements)replaceBody()return __async$3(this,null,function*()yield this.preservingPermanentElements(()=>__async$3(this,null,function*()this.activateNewBody(),yield this.assignNewBody())))get trackedElementsAreIdentical()return this.currentHeadSnapshot.trackedElementSignature==this.newHeadSnapshot.trackedElementSignaturecopyNewHeadStylesheetElements(){return __async$3(this,null,function*()var loadingElements=[];for(const element of this.newHeadStylesheetElements)loadingElements.push(function waitForLoad(element,timeoutInMilliseconds=2e3)return new Promise(resolve=>const onComplete=()=>element.removeEventListener("error",onComplete),element.removeEventListener("load",onComplete),resolve();element.addEventListener("load",onComplete,once:!0),element.addEventListener("error",onComplete,once:!0),setTimeout(resolve,timeoutInMilliseconds))(element)),document.head.appendChild(element);yield Promise.all(loadingElements))}copyNewHeadScriptElements()for(const element of this.newHeadScriptElements)document.head.appendChild(activateScriptElement(element))mergeProvisionalElements()return __async$3(this,null,function*())isCurrentElementInElementList(element,elementList)for(var[index,newElement]of elementList.entries())if("TITLE"==element.tagName)if("TITLE"!=newElement.tagName)continue;if(element.innerHTML==newElement.innerHTML)return elementList.splice(index,1),!0if(newElement.isEqualNode(element))return elementList.splice(index,1),!0return!1removeCurrentHeadProvisionalElements()for(const element of this.currentHeadProvisionalElements)document.head.removeChild(element)copyNewHeadProvisionalElements()for(const element of this.newHeadProvisionalElements)document.head.appendChild(element)activateNewBody()document.adoptNode(this.newElement),this.activateNewBodyScriptElements()activateNewBodyScriptElements()for(const inertScriptElement of this.newBodyScriptElements)var activatedScriptElement=activateScriptElement(inertScriptElement);inertScriptElement.replaceWith(activatedScriptElement)assignNewBody()return __async$3(this,null,function*()yield this.renderElement(this.currentElement,this.newElement))get newHeadStylesheetElements()return this.newHeadSnapshot.getStylesheetElementsNotInSnapshot(this.currentHeadSnapshot)get newHeadScriptElements()return this.newHeadSnapshot.getScriptElementsNotInSnapshot(this.currentHeadSnapshot)get currentHeadProvisionalElements()return this.currentHeadSnapshot.provisionalElementsget newHeadProvisionalElements()return this.newHeadSnapshot.provisionalElementsget newBodyScriptElements()return this.newElement.querySelectorAll("script")}class SnapshotCacheconstructor(size)this.keys=[],this.snapshots=,this.size=sizehas(location2)return toCacheKey(location2)in this.snapshotsget(location2)var snapshot;if(this.has(location2))return snapshot=this.read(location2),this.touch(location2),snapshotput(location2,snapshot)return this.write(location2,snapshot),this.touch(location2),snapshotclear()this.snapshots=read(location2)return this.snapshots[toCacheKey(location2)]write(location2,snapshot)this.snapshots[toCacheKey(location2)]=snapshottouch(location2)var location2=toCacheKey(location2),index=this.keys.indexOf(location2);-1setTimeout(()=>resolve(),0))(),snapshot=snapshot.clone(),this.snapshotCache.put(location2,snapshot),snapshot)getCachedSnapshotForLocation(location2)return this.snapshotCache.get(location2)get snapshot()return PageSnapshot.fromElement(this.element)class Preloader{constructor(delegate)this.selector="a[data-turbo-preload]",this.delegate=delegateget snapshotCache()return this.delegate.navigator.view.snapshotCachestart()if("loading"===document.readyState)return document.addEventListener("DOMContentLoaded",()=>this.preloadOnLoadLinksForView(document.body));this.preloadOnLoadLinksForView(document.body)preloadOnLoadLinksForView(element)for(const link of element.querySelectorAll(this.selector))this.preloadURL(link)preloadURL(link){return __async$3(this,null,function*()var location2=new URL(link.href);if(!this.snapshotCache.has(location2))tryvar responseText=yield(yield fetch(location2.toString(),headers:"VND.PREFETCH":"true",Accept:"text/html")).text(),snapshot=PageSnapshot.fromHTMLString(responseText);this.snapshotCache.put(location2,snapshot)catch(_))}}function extendURLWithDeprecatedProperties(url)Object.defineProperties(url,deprecatedLocationPropertyDescriptors)const deprecatedLocationPropertyDescriptors=absoluteURL:get()return this.toString();const StreamActions=after()this.targetElements.forEach(e=>var _a;return null==(_a=e.parentElement)?void 0:_a.insertBefore(this.templateContent,e.nextSibling)),append()this.removeDuplicateTargetChildren(),this.targetElements.forEach(e=>e.append(this.templateContent)),before()this.targetElements.forEach(e=>var _a;return null==(_a=e.parentElement)?void 0:_a.insertBefore(this.templateContent,e)),prepend()this.removeDuplicateTargetChildren(),this.targetElements.forEach(e=>e.prepend(this.templateContent)),remove()this.targetElements.forEach(e=>e.remove()),replace()this.targetElements.forEach(e=>e.replaceWith(this.templateContent)),update()this.targetElements.forEach(targetElement=>targetElement.innerHTML="",targetElement.append(this.templateContent)),session=new class Sessionconstructor()this.navigator=new Navigator(this),this.history=new History(this),this.preloader=new Preloader(this),this.view=new PageView(this,document.documentElement),this.adapter=new BrowserAdapter(this),this.pageObserver=new PageObserver(this),this.cacheObserver=new CacheObserver,this.linkClickObserver=new LinkClickObserver(this,window),this.formSubmitObserver=new FormSubmitObserver(this,document),this.scrollObserver=new ScrollObserver(this),this.streamObserver=new StreamObserver(this),this.formLinkClickObserver=new FormLinkClickObserver(this,document.documentElement),this.frameRedirector=new FrameRedirector(this,document.documentElement),this.streamMessageRenderer=new StreamMessageRenderer,this.drive=!0,this.enabled=!0,this.progressBarDelay=500,this.started=!1,this.formMode="on"start()(this.pageObserver.start(),this.cacheObserver.start(),this.formLinkClickObserver.start(),this.linkClickObserver.start(),this.formSubmitObserver.start(),this.scrollObserver.start(),this.streamObserver.start(),this.frameRedirector.start(),this.history.start(),this.preloader.start(),this.started=!0,this.enabled=!0)disable()this.enabled=!1stop()this.started&&(this.pageObserver.stop(),this.cacheObserver.stop(),this.formLinkClickObserver.stop(),this.linkClickObserver.stop(),this.formSubmitObserver.stop(),this.scrollObserver.stop(),this.streamObserver.stop(),this.frameRedirector.stop(),this.history.stop(),this.started=!1)registerAdapter(adapter)this.adapter=adaptervisit(location2,options=)var frameElement=options.frame?document.getElementById(options.frame):null;frameElement instanceof FrameElement?(frameElement.src=location2.toString(),frameElement.loaded):this.navigator.proposeVisit(expandURL(location2),options)connectStreamSource(source)this.streamObserver.connectStreamSource(source)disconnectStreamSource(source)this.streamObserver.disconnectStreamSource(source)renderStreamMessage(message)this.streamMessageRenderer.render(StreamMessage.wrap(message))clearCache()this.view.clearSnapshotCache()setProgressBarDelay(delay)this.progressBarDelay=delaysetFormMode(mode)this.formMode=modeget location()return this.history.locationget restorationIdentifier()return this.history.restorationIdentifierhistoryPoppedToLocationWithRestorationIdentifier(location2,restorationIdentifier)this.enabled?this.navigator.startVisit(location2,restorationIdentifier,action:"restore",historyChanged:!0):this.adapter.pageInvalidated(reason:"turbo_disabled")scrollPositionChanged(position)this.history.updateRestorationData(scrollPosition:position)willSubmitFormLinkToLocation(link,location2)return this.elementIsNavigatable(link)&&locationIsVisitable(location2,this.snapshot.rootLocation)submittedFormLinkToLocation()willFollowLinkToLocation(link,location2,event)return this.elementIsNavigatable(link)&&locationIsVisitable(location2,this.snapshot.rootLocation)&&this.applicationAllowsFollowingLinkToLocation(link,location2,event)followedLinkToLocation(link,location2)var action=this.getActionForLink(link),link=link.hasAttribute("data-turbo-stream");this.visit(location2.href,action:action,acceptsStreamResponse:link)allowsVisitingLocationWithAction(location2,action)visitProposedToLocation(location2,options)extendURLWithDeprecatedProperties(location2),this.adapter.visitProposedToLocation(location2,options)visitStarted(visit2)visitCompleted(visit2)clearBusyState(document.documentElement),this.notifyApplicationAfterPageLoad(visit2.getTimingMetrics())locationWithActionIsSamePage(location2,action)return this.navigator.locationWithActionIsSamePage(location2,action)visitScrolledToSamePageLocation(oldURL,newURL)this.notifyApplicationAfterVisitingSamePageLocation(oldURL,newURL)willSubmitForm(form,submitter)var action=getAction(form,submitter);return this.submissionIsNavigatable(form,submitter)&&locationIsVisitable(expandURL(action),this.snapshot.rootLocation)formSubmitted(form,submitter)this.navigator.submitForm(form,submitter)pageBecameInteractive()this.view.lastRenderedLocation=this.location,this.notifyApplicationAfterPageLoad()pageLoaded()this.history.assumeControlOfScrollRestoration()pageWillUnload()this.history.relinquishControlOfScrollRestoration()receivedMessageFromStream(message)this.renderStreamMessage(message)viewWillCacheSnapshot()allowsImmediateRender(element,options)vardefaultPrevented:element,detail:render:options=this.notifyApplicationBeforeRender(element,options);return this.view.renderer&&options&&(this.view.renderer.renderElement=options),!elementviewRenderedSnapshot(_snapshot,_isPreview)this.view.lastRenderedLocation=this.history.location,this.notifyApplicationAfterRender()preloadOnLoadLinksForView(element)this.preloader.preloadOnLoadLinksForView(element)viewInvalidated(reason)this.adapter.pageInvalidated(reason)frameLoaded(frame)this.notifyApplicationAfterFrameLoad(frame)frameRendered(fetchResponse,frame)this.notifyApplicationAfterFrameRender(fetchResponse,frame)applicationAllowsFollowingLinkToLocation(link,location2,ev)return!this.notifyApplicationAfterClickingLinkToLocation(link,location2,ev).defaultPreventedapplicationAllowsVisitingLocation(location2)return!this.notifyApplicationBeforeVisitingLocation(location2).defaultPreventednotifyApplicationAfterClickingLinkToLocation(link,location2,event)return dispatch("turbo:click",target:link,detail:url:location2.href,originalEvent:event,cancelable:!0)notifyApplicationBeforeVisitingLocation(location2)return dispatch("turbo:before-visit",detail:url:location2.href,cancelable:!0)notifyApplicationAfterVisitingLocation(location2,action)return dispatch("turbo:visit",detail:url:location2.href,action:action)notifyApplicationBeforeCachingSnapshot()return dispatch("turbo:before-cache")notifyApplicationBeforeRender(newBody,options)return dispatch("turbo:before-render",detail:Object.assign(newBody:newBody,options),cancelable:!0)notifyApplicationAfterRender()return dispatch("turbo:render")notifyApplicationAfterPageLoad(timing=)return dispatch("turbo:load",detail:url:this.location.href,timing:timing)notifyApplicationAfterVisitingSamePageLocation(oldURL,newURL)dispatchEvent(new HashChangeEvent("hashchange",oldURL:oldURL.toString(),newURL:newURL.toString()))notifyApplicationAfterFrameLoad(frame)return dispatch("turbo:frame-load",target:frame)notifyApplicationAfterFrameRender(fetchResponse,frame)return dispatch("turbo:frame-render",detail:fetchResponse:fetchResponse,target:frame,cancelable:!0)submissionIsNavigatable(form,submitter)this.elementIsNavigatable(submitter),"optin"==this.formMode?submitter&&null!=form.closest('[data-turbo="true"]'):submitter&&this.elementIsNavigatable(form))elementIsNavigatable(element)"false"!=container.getAttribute("data-turbo"):!!container&&"true"==container.getAttribute("data-turbo")getActionForLink(link)get snapshot()return this.view.snapshot;var prototype=new class Cacheconstructor(session2)this.session=session2clear()this.session.clearCache()resetCacheControl()this.setCacheControl("")exemptPageFromCache()this.setCacheControl("no-cache")exemptPageFromPreview()this.setCacheControl("no-preview")setCacheControl(value)!function setMetaContent(name,content)let element=getMetaElement(name);element("turbo-cache-control",value)(session),navigator$1=session["navigator"];function start()session.start()function registerAdapter(adapter)session.registerAdapter(adapter)function visit(location2,options)session.visit(location2,options)function connectStreamSource(source)session.connectStreamSource(source)function disconnectStreamSource(source)session.disconnectStreamSource(source)function renderStreamMessage(message)session.renderStreamMessage(message)function clearCache()console.warn("Please replace `Turbo.clearCache()` with `Turbo.cache.clear()`. The top-level function is deprecated and will be removed in a future version of Turbo.`"),session.clearCache()function setProgressBarDelay(delay)session.setProgressBarDelay(delay)function setConfirmMethod(confirmMethod)FormSubmission.confirmMethod=confirmMethodfunction setFormMode(mode)session.setFormMode(mode)var Turbo=Object.freeze(__proto__:null,navigator:navigator$1,session:session,cache:prototype,PageRenderer:PageRenderer,PageSnapshot:PageSnapshot,FrameRenderer:FrameRenderer,start:start,registerAdapter:registerAdapter,visit:visit,connectStreamSource:connectStreamSource,disconnectStreamSource:disconnectStreamSource,renderStreamMessage:renderStreamMessage,clearCache:clearCache,setProgressBarDelay:setProgressBarDelay,setConfirmMethod:setConfirmMethod,setFormMode:setFormMode,StreamActions:StreamActions);class TurboFrameMissingError extends Errorfunction getFrameElementById(id)if(null!=id)id=document.getElementById(id);if(id instanceof FrameElement)return idfunction activateElement(element,currentURL)if(element)var src=element.getAttribute("src");if(null!=src&&null!=currentURL&&function urlsAreEqual(left,right)return expandURL(left).href==expandURL(right).href(src,currentURL))throw new Error(`Matching element has a source URL which references itself`);if((element=element.ownerDocument!==document?document.importNode(element,!0):element)instanceof FrameElement)return element.connectedCallback(),element.disconnectedCallback(),elementclass StreamElement extends HTMLElementstatic renderElement(newElement)return __async$3(this,null,function*()yield newElement.performAction())connectedCallback()return __async$3(this,null,function*()tryyield this.render()catch(error)console.error(error)finallythis.disconnect())render()return __async$3(this,null,function*()var _a;return null!=(_a=this.renderPromise)?_a:this.renderPromise=__async$3(this,null,function*()var event=this.beforeRenderEvent;this.dispatchEvent(event)&&(yield nextAnimationFrame(),yield event.detail.render(this))))disconnect()trythis.remove()catch(_a)removeDuplicateTargetChildren()this.duplicateChildren.forEach(c=>c.remove())get duplicateChildren()var _a,existingChildren=this.targetElements.flatMap(e=>[...e.children]).filter(c=>!!c.id);const newChildrenIds=[...(null==(_a=this.templateContent)?void 0:_a.children)get performAction()if(this.action)var actionFunction=StreamActions[this.action];if(actionFunction)return actionFunction;this.raise("unknown action")this.raise("action attribute is missing")get targetElements()return this.target?this.targetElementsById:this.targets?this.targetElementsByQuery:void this.raise("target or targets attribute is missing")get templateContent()return this.templateElement.content.cloneNode(!0)get templateElement()var template;return null===this.firstElementChild?(template=this.ownerDocument.createElement("template"),this.appendChild(template),template):this.firstElementChild instanceof HTMLTemplateElement?this.firstElementChild:void this.raise("first child element must be a

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