Daily Pivots: (S1) 158.08; (P) 158.74; (R1) 159.88; More… USD/JPY is still extending consolidations below 159.88 and intraday bias stays neutral. Another falling leg could be seen, but downside should be contained by 38.2% retracement of 152.25 to 159.88 at 156.96 to bring rebound. On the upside, break of 159.88 will target a test on […]The post USD/JPY Mid-Day Outlook appeared first on ActionForex.