JPY Trading Outlook (17-12-2010)

The Japanese Yen (JPY) found support under Y84 as the market consolidated the move higher. AUD/JPY and GBP/JPY were strong as sentiment improved in the US session. Overall the USDJPY traded with a low of 83.86 and a high of 84.47 before closing the day around 84.10 inthe New York session.

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