Daily Pivots: (S1) 159.00; (P) 159.46; (R1) 160.36; More… USD/JPY’s break of 158.55 support suggests short term topping at 159.88 on bearish divergence condition in 4H MACD. intraday bias is back on the downside. Deeper pullback would be seen to 38.2% retracement of 152.25 to 159.88 at 156.96. For now, near term outlook will be […]The post USD/JPY Mid-Day Outlook appeared first on ActionForex.