The Japanese Yen (JPY) was very stable against the USD with the action left to the crosses which saw very strong Yen flows on safe haven demands and just as strong reversals after the Greek deal news. Topside resistance is forming at Y80.80 and very strong support is seen at Y80. Overall the USD/JPY traded with a low of 80.32 and a high of 80.81 before closing the day around 80.50 in the New York session.
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