U.S. Dollar higher versus Yen on profit taking

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Source: Forexpros

On Monday, the U.S. Dollar edged lower versus the Japanese Yen, as traders were locking in profits after U.S. employment rally. USD/JPY hit a session high of 78.25, and consolidated at 78.33, which was a 0.42% fall for the European morning trading session. The pair's support was likely to be at 78.12, while the resistance was prone to be 78.76.

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Mon, 08 Oct 2012 17:10:00 GMT

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