The Japanese Yen (JPY) USD/JPY found support from moves higher in EUR/JPY but the market was capped by heavy AUD/JPY selling. The major is very range bound with a break of Y81 or Y85 needed to suggest fresh direction. Overall the USDJPY traded with a low of 82.70 and a high of 83.51 before closing the day around 83.25 in the New York session.
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