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Forex pairs in this Article » USD/JPY (Córdoba) - The dollar fell to its lowest in 3 weeks versus the yen weighed by the risk aversion mood amid growing concerns about the US fiscal cliff and European woes.

USDJPY extended losses on Friday and recently hit its lowest since Oct 18 of 79.06 before bouncing slightly. At time of writing, USDJPY is quoting at the 79.10 zone, 0.5% below its opening price.

As for technical levels, next support levels could be found at 78.90, 78.60 and 78.40, while on the upside, resistances are seen at 79.30, 79.60 and 79.75.
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