USD/JPY Outlook (04 March 2022)

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Overall, USD/JPY is ranging across.

The Japanese Unemployment Rate data (Actual: 2.8%, Forecast: 2.7%, Previous: 2.7%) released earlier today indicated a slight increase in unemployment.

USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000.
Look for short-term selling opportunities of USD/JPY.

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