USD/JPY Mid-Day Outlook

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Daily Pivots: (S1) 159.39; (P) 159.71; (R1) 159.94; More… Intraday bias in USD/JPY stays neutral at this point as consolidations continue below 160.45. 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 resume the rise from 152.25 to retest 161.94 […]The post USD/JPY Mid-Day Outlook appeared first on ActionForex.