The Japanese yen drifted higher against its major rivals in European deals on Tuesday.

The yen firmed to 1-week highs of 75.65 against the kiwi, 90.32 against the loonie and 85.04 versus the aussie, reversing from its early lows of 76.30, 91.07 and 86.12, respectively.

The yen climbed to a 6-day high of 185.16 against the pound, 2-week high of 133.72 against the euro and near a 2-week high of 123.05 against the Swiss franc, off its prior lows of 187.02, 134.97 and 124.08, respectively.

The yen rallied to 119.78 against the greenback, from its previous low of 120.61.

The yen is likely to find resistance around 118.00 against the greenback, 182.00 against the pound, 132.00 against the euro, 122.00 against the franc, 88.00 against the loonie, 84.00 against the aussie and 74.00 against the kiwi.

The material has been provided by InstaForex Company – www.instaforex.com