USD/JPY’s rise from 152.87 accelerated higher today and broke through 38.2% retracement of 163.97 to 152.87 at 157.11 decisively. Intraday bias stays on the upside for 61.8% retracement at 159.72. On the downside, below 156.40 minor support will turn bias neutral first. In the bigger picture, price action from 163.97 medium term top is seen […]The post USD/JPY Daily Outlook appeared first on ActionForex.