Intraday bias in USD/JPY remains on the upside at this point. Sustained trading above 55 4H EMA (now at 159.16) will argue that fall from 163.97 has completed, and target 61.8% retracement of 163.97 to 155.22 at 160.62. On the downside, though, break of 156.66 will bring deeper fall back to 155.22 low. In the […]The post USD/JPY Daily Outlook appeared first on ActionForex.