JPY Trading Outlook (04-01-2011)

The Japanese Yen (JPY) was helped off multiple week lows under Y81 on strong US data. Resistance at Y81.80 held for now but most crosses are buoyant given the risk on mood.Overall the USDJPY traded with a low of 80.92 and a high of 81.77 before closing the day around 81.70 inthe New York session.

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