 USDJPY gyrated higher to 138.16 last week but failed to extend the rally. Initial bias is turned neutral this week first. On the upside, break of 138.16 will resume the rebound to 55 day EMA now at 140.30. On the downside, however, firm break of 133.61 support and 133.07 medium term fibonacci level will confirm ... The post USDJPY Weekly Outlook appeared first on Action Forex... 