The Yen are consolidating gains across the board it helped by risk aversion. Despite fundamentals problem in Japan's economy, its currency still works as a safe haven for investors. Breaking below the 88.80 level, can strength more the Japanese currency otherwise it might rebound to the 90 area. Overall, USD/JPY traded with a low of 88.54 and a high of 91.06. No major economic data expected today.

USD/JPY-Last: 89.70

Resistance

89.45

.89.75

.90.10

Support

88.50

88.00

87.35

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