USD/JPY experienced some high volatility last week but after all, it’s still bounded in range trading below 160.45. Initial bias stays neutral this week first. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31) intact. On the upside break of 160.45 will target a retest on 161.94 high. […]The post USD/JPY Weekly Outlook appeared first on ActionForex.