 Daily Pivots: S1 127.54; P 128.21; R1 129.18; More... Intraday bias in USDJPY stays neutral for consolidation above 127.20. Further decline will remains in favor as long as 134.76 resistance holds. Break of 127.20 will resume the fall from 151.93 to 121.43 fibonacci level next. Nevertheless, firm break of 134.76 will confirm short term bottoming ... The post USDJPY Daily Outlook appeared first on Action Forex... 