USD/JPY Daily Outlook

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Intraday bias in USD/JPY remains mildly on the upside. Sustained trading above 55 4H EMA (now at 159.19) 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, below 158.58 minor support will turn intraday bias neutral first. In the bigger picture, as long […]The post USD/JPY Daily Outlook appeared first on ActionForex.