Intraday bias in USD/JPY stays neutral for the moment. While another fall cannot be ruled out, strong support is still expected from (38.2% retracement of 139.87 to 163.97 at 154.76) bring rebound. Still, sustained break of 55 4H EMA (now at 159.67) is needed to indicate that fall from 163.97 has completed. Otherwise, risk will […]The post USD/JPY Daily Outlook appeared first on ActionForex.