Daily Pivots: (S1) 157.42; (P) 157.76; (R1) 158.13; More… USD/JPY’s rally from 152.25 continues today and intraday bias stays on the upside for 159.44 resistance. Decisive break there will target 161.94 high next. On the downside, below 157.38 minor support will turn intraday bias neutral again first. Overall, price actions from 159.44 are viewed as […]

The post USD/JPY Daily Outlook appeared first on ActionForex.