Chart - Courtesy Trading View
USD/JPY was trading largely unchanged at 122.61 at around 09:45 GMT, outlook remains neutral.
The pair is consolidating previous session's gains, remains rangebound with session high at 122.80 and low at 122.26.
Data released on Friday showed U.S. unemployment hit a two-year low of 3.6% last month.
Data was likely strong enough to strengthen the Federal Reserve's resolve to tackle inflation by lifting rates sharply.
Fed funds futures have priced a near 4/5 chance of a 50 basis point hike next month and two-year UST yields hit a three-year high of 2.4930%.
Technical bias has turned neutral on the intraday charts. The pair is extending sideways along 200H MA support.
With no major data releases scheduled on Monday, market participants will remain focused on geopolitical headlines for impetus.


FxWirePro: GBP/NZD edges higher but outlook is bearish
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro- Major Pair levels and bias summary
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one 



