The Japanese yen strengthened against the other major currencies in the Asian session on Wednesday.

The yen rose to nearly a 3-month high of 136.52 against the pound, from yesterday's closing value of 136.92.

Against the U.S. and the Canadian dollars, the yen advanced to nealy a 5-month high of 109.34 and an 8-day high of 82.01 from yesterday's closing quotes of 109.61 and 82.23, respectively.

Against the euro and the Swiss franc, the yen climbed to near 5-month highs of 115.93 and 108.53 from yesterday's closing quotes of 116.23 and 108.81, respectively.

If the yen extends its uptrend, it is likely to find resistance around 135.00 against the pound, 108.00 against the greenback, 81.00 against the loonie, 114.00 against the euro and 107.00 against the franc.

Grafico Cross Euro vs Yen (FX:EURJPY)

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Grafico Cross Euro vs Yen (FX:EURJPY)

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