 USDJPYs decline from 151.93 resumed last week and fell to as low as 127.45. Initial bias stays on the downside this week for 61.8 projection of 151.93 to 133.61 from 138.16 at 126.83. Break there will target 121.43 fibonacci level next. On the upside, above 129.3 minor resistance will turn intraday bias neutral first. But ... The post USDJPY Weekly Outlook appeared first on Action Forex... 