The Japanese currency extended previous session's uptrend across the board in early European deals on Tuesday as a fall in European equities prompted traders to flee from riskier assets to safe-haven yen.
The yen rose to 5-day highs of 154.96 against the pound, 100.97 against the Australian dollar, 83.84 against the NZ dollar, 4-day highs of 101.26 against the US dollar and 100.22 against the Canadian dollar around 3:45 am ET. The Japanese unit also advanced to a session's high of 131.59 against the euro and 106.18 against the Swiss franc around the same time.
On the upside, the yen may find resistance levels at 131.15 against the euro, 100.60 against the greenback, 153.80 against the pound, 105.80 against the Swiss franc, 100.40 against the aussie, 83.15 against the kiwi and 100.0 against the loonie.
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