JPY Trading Outlook (12-11-2010)

The Japanese Yen (JPY) USD strength helped the major stay above Y82 even as crosses came under pressure from risk averse selling. EUR/JPY is struggling to find support breaking back below Y113. Overall the USDJPY traded with a low of 82.02 and a high of 82.63 before closing the day around 82.40 in the New York session.

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