USD/JPY Daily Outlook

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Intraday bias in USD/JPY remains mildly on the downside. Pullback from 162.83 short term top would extend to 38.2% retracement of 155.01 to 162.83 at 159.84. Since this level is close to 55 D EMA (now at 159.95), strong support should be seen from there to bring rebound. On the upside, above 161.63 minor resistance […]The post USD/JPY Daily Outlook appeared first on ActionForex.