Daily Pivots: (S1) 158.54; (P) 158.92; (R1) 159.38; More… USD/JPY is still extending consolidations below 160.45 and intraday bias stays neutral. 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 high. However, […]The post USD/JPY Daily Outlook appeared first on ActionForex.