The Japanese Yen (JPY) had a very strong day gaining across the board as the recent uptrend is tested on many crosses. USD/JPY tested Y83 and EUR/JPY tested support under Y120. The outlook is quite mixed as the USD/JPY rally begins to unravel and the nuclear crisis affect abates. Overall the USD/JPY traded with a low of 82.94 and a high of 83.78 before closing the day around 83.09 in the New York session.
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