Daily Pivots: (S1) 127.13; (P) 129.35; (R1) 131.14; More… Intraday bias in USD/JPY remains neutral at this point. Outlook remains bearish with 133.61 support turned resistance intact. Break of 127.20 will resume larger fall from 151.93 to 121.43 fibonacci level next. On the upside, though, firm break of 133.61 will indicate short term bottoming and […]

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