The Japanese Yen (JPY) tested resistance at Y82 twice throughout the day but failed to hold above the figure and fell back in the US session on renewed dollar selling. Friday& rsquo s Non Farm US Jobs report is always a major mover for the USD/JPY and could help set short term direction in March. Overall the USD/JPY traded with a low of 81.55 and a high of 82.13 before closing the day around 81.80 in the New York session.
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