USDJPY edged higher on Friday but remains within 158.50/156.50 range that extends into seventh consecutive day. Range top is reinforced by 200DMA, and 50% retracement of 163.94/152.88 descend, with the base of falling daily cloud in the zone adding pressure on near-term action. On the other hand, the pair is on track for the fourth […]The post USDJPY Still Lacks Direction Signal but Slightly Biased Higher appeared first on ActionForex.