USD/JPY’s rebound from 155.22 extended higher. While further rise could be seen, sustained break of 55 4H EMA (now at 159.67) is needed to indicate that fall from 163.97 has completed. Otherwise, risk will remain on the downside. Below 157.30 minor support will bring retest of 155.22 low. Nevertheless, sustained break of 55 4H EMA […]The post USD/JPY Daily Outlook appeared first on ActionForex.