 Daily Pivots: S1 128.41; P 129.51; R1 130.67; More... USDJPY is still bounded in established rate above 127.20 and intraday bias remains neutral. On the downside, break of 127.20 will resume the whole decline from 151.93 and target 121.43 fibonacci level. Nevertheless, on the upside, break of 131.56 should confirm short term bottoming, and turn ... The post USDJPY Mid-Day Outlook appeared first on Action Forex... 