Daily Pivots: (S1) 153.78; (P) 154.32; (R1) 155.38; More… USD/JPY’s rally resumed after brief consolidations and intraday bias is back on the upside. Break of 156.74 resistance should extend the whole rise from 139.57 to 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 next. Outlook will now stay bullish as long as 153.15 […]

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