Reversing direction, the Japanese yen fell against its major rivals in late Asian trading on Tuesday.

The yen edged down to 114.14 against the greenback, 122.65 against the euro, 145.51 against the pound and 113.24 against the franc, from its early highs of 113.50, 122.12, 144.49 and 112.75, respectively.

The yen reversed from its early highs of 85.53 versus the loonie and 84.57 versus the aussie, ticking down to 85.93 and 85.00, respectively.

If the yen falls further, it may find support around 116.00 against the greenback, 126.00 against the euro, 148.5 against the pound, 116.00 against the franc, 88.00 against the loonie and 86.00 against the aussie.

AUD vs Yen (FX:AUDJPY)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more AUD vs Yen Charts.
AUD vs Yen (FX:AUDJPY)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more AUD vs Yen Charts.