Daily Pivots: (S1) 130.88; (P) 131.44; (R1) 132.46; More… USD/JPY’s strong break of 131.34 resistance confirms up trend resumption. Intraday bias remains on the upside. Next target is 61.8% projection of 114.40 to 131.34 from 126.35 at 136.81. On the downside, below 130.97 minor support will turn intraday bias neutral to bring consolidations first, before […]

The post USD/JPY Daily Outlook appeared first on Action Forex.