Mon, 08 Oct 2012 15:49:00 GMT
U.S. Dollar higher versus Yen on profit taking
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.