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ForexMay 20, 2026Source: Action Forex

USD/JPY Daily Outlook

USD/JPY Daily Outlook

Intraday bias in USD/JPY is turned neutral first with current retreat. Above 159.24 will target 160.71 high. Strong resistance is expected from there to start the third leg of the near term corrective pattern. On the downside, break of 157.30 support will turn

Intraday bias in USD/JPY is turned neutral first with current retreat. Above 159.24 will target 160.71 high. Strong resistance is expected from there to start the third leg of the near term corrective pattern. On the downside, break of 157.30 support will turn bias to the downside for retesting 155.01. In the bigger picture, for […] The post USD/JPY Daily Outlook appeared first on ActionForex.