USD/JPY Daily Outlook

Intraday bias in USD/JPY remains neutral first. Break of 159.76 will extend the rebound from 155.22. But strong resistance should emerge from 61.8% retracement of 163.97 to 155.22 at 160.62 to limit upside. On the downside, break of 157.99 will bring retest 155.22 low. In the bigger picture, as long as 155.01 cluster support (38.2% […]

The post USD/JPY Daily Outlook appeared first on ActionForex.

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