USD/JPY Mid-Day Outlook

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Daily Pivots: (S1) 158.51; (P) 158.86; (R1) 159.16; More… No change in USD/JPY’s outlook as consolidation continues below 160.45. 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. However, firm break of 157.31/49 will […]The post USD/JPY Mid-Day Outlook appeared first on ActionForex.