Daily Pivots: (S1) 156.84; (P) 158.38; (R1) 159.25; More… No change in USD/JPY’s outlook. Correction from 159.88 is expected to extend lower to 38.2% retracement of 152.25 to 159.88 at 156.96. For now, near term outlook will be neutral with risk on the downside as long as 159.88 resistance holds, in case of recovery. In […]The post USD/JPY Mid-Day Outlook appeared first on ActionForex.