Daily Pivots: (S1) 134.98; (P) 135.92; (R1) 137.70; More… Intraday bias in USD/JPY stays neutral first. On the upside, break of 137.66 resistance will indicate short term bottoming, on bullish convergence condition in 4 hour MACD, ahead of 133.07 medium term fibonacci level. Intraday bias will be turned back to the downside for 142.24 resistance […]

The post USD/JPY Mid-Day Outlook appeared first on Action Forex.