JPY Trading Outlook (19-12-2012)

The Japanese Yen (JPY) USD/JPY found support on the dip towards Y83.50 on Monday before resuming the uptrend yesterday. USD/JPY closed at Y84.30 close to the month highs at Y84.50. EUR/JPY led the charge higher overnight up above Y111.50 and is holding gains in Asia Wednesday.

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