USD/JPY Mid-Day Outlook

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Daily Pivots: (S1) 149.09; (P) 149.48; (R1) 150.12; More… Intraday bias in USD/JPY stays neutral for consolidations above 148.83 temporary low. Further decline is expected as long as 154.79 resistance holds. Fall from 158.86 is seen as the third leg of the pattern from 161.94 high. Below 148.83 will target 61.8% retracement of 139.57 to […]The post USD/JPY Mid-Day Outlook appeared first on Action Forex.