JPY Trading Outlook (25-09-2012)

The Japanese Yen (JPY) USD/JPY fell below Y78 and found support at Y77.85 but it still pressuring the downside as risk aversion sinks the Yen crosses. EUR/JPY is eyeing a retest of Y100 and AUD/JPY is just above Y81 but falling most of yesterday. More Jawboning will be expected today as the Currency wars continue.

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