Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the downside, firm break of 160.58 support should confirm short term topping, on bearish divergence condition in 4H MACD. Deeper fall should then be seen to 55 D EMA (now at 159.46) and below. Nevertheless, decisive break of 161.94 high will resume the larger […]

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