Daily Pivots: (S1) 158.08; (P) 158.74; (R1) 159.88; More… Intraday bias in USD/JPY stays neutral at this point. Consolidation from 159.88 could extend with another falling leg. But downside should be contained by 38.2% retracement of 152.25 to 159.88 at 156.96. On the upside, break of 159.88 will target a test on 161.94 high. In […]The post USD/JPY Daily Outlook appeared first on ActionForex.