USD/JPY’s steep decline last week confirms medium term topping at 163.97, on bearish divergence condition in D MACD. Fall from there is seen as correcting the whole rise from 139.87. Initial bias remains on the downside this week for 155.01 cluster support (38.2% retracement of 139.87 to 163.97 at 154.76). Strong support should be seen […]The post USD/JPY Weekly Outlook appeared first on ActionForex.