The Japanese Yen (JPY) the USD/JPY reversed to fresh lows near Y76 but remained above the figure as cross buying supported the major. The EUR/JPY reclaimed above the Y100 level and the AUD/JPY found support under Y81 before reclaiming and pushing higher once again as US stocks rallied. The outlook for most cross is constructive with USD/JPY expected to find support at Y75.
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