The Japanese Yen (JPY) the USD/JPY tested Y80 a few times in Europe but the level held firm before a small bounce towards opening levels. EUR/JPY selling added pressure but could also save the major with the uptrend providing support for USD/JPY. Overall the USD/JPY traded with a low of 79.96 and a high of 80.41 before closing the day around 80.20 in the New York session.
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