The Japanese yen continued to trade in a negative territory against most major rivals in Europe on Monday.
The yen fell to 119.96 against the greenback, a level unseen since December 9.
The yen hit a 1-week low of 147.11 against the euro and a 6-day low of 122.22 against the franc, off early highs of 145.94 and 121.26,respectively.
If the yen extends slide, it may find support around 122.00 against the greenback, 150.00 against the euro and 124.00 against the franc.
The material has been provided by InstaForex Company – www.instaforex.com