The Yen gained versus the Dollar and the other majors as risk aversion continued to grow following Germany's short selling ban and lower confidence in the EU. Overall, USD/JPY traded with a low of 91.55 and a high of 92.96 USD/JPY is headed lower after failing to cross above its 50 daily moving averages. Today, Prelim GDP is expected with 1.4% versus 0.9% prior.

USD/JPY-Last: 91.80

Resistance

92.35

92.70

93.10

Support

91.55

90.90

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