Daily Pivots: (S1) 159.39; (P) 159.71; (R1) 159.94; More… USD/JPY is extending the corrective pattern from 160.45 high with another falling leg, and outlook is unchanged. Intraday bias remains neutral, and further rise is expected as long as 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31) holds. Firm break of 160.45 will […]The post USD/JPY Daily Outlook appeared first on ActionForex.