 Daily Pivots: S1 127.07; P 128.25; R1 129.04; More... Intraday bias in USDJPY is turned neutral with current recovery, and some consolidations could be seen. But further decline is expected as long as 134.76 resistance holds. Break of 127.20 will resume the fall from 151.93 to 121.43 fibonacci level next. In the bigger picture, the ... The post USDJPY Mid-Day Outlook appeared first on Action Forex... 