JPY Trading Outlook (18-01-2011)

The Japanese Yen (JPY) was quiet falling back from Y83 after failing to gain a foothold above the level. Support is found on dips with Yen crosses strong over the last week. Overall the USDJPY traded with a low of 82.34 and a high of 83.03 before closing the day around 82.65 in the New York session.

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