Chart - Courtesy Trading View
USD/JPY was trading in a narrow range as traders await key US Non-Farm-Payrolls data.
Monetary policy divergence between the Fed and BoJ, along with a positive risk tone, weighs on the safe-haven Japanese yen.
Traders remain wary and remain sidelined ahead of the closely-watched US monthly jobs data, due later in the early North American session.
Analysts expect a 250,000 rise in Nonfarm Payrolls in July following the 372,000 increase in the previous month.
Recession fears, geopolitical tensions weigh on the risk-appetite and keep downside in the pair limited.
The data from Japan released early Asian session showed the Leading Economic Index declined to 100.6 in June from 101.2 in May.
USD/JPY remains capped below 200H MA. Decisive break above required for upside continuation.
Major Support Levels:
S1: 131.50 (Lower BB)
S2: 129.81 (110-EMA)
Major Resistance Levels:
R1: 133.63 (55-EMA)
R2: 134.89 (21-EMA)
Summary: USD/JPY trades with a neutral bias. The major awaits US NFP report for impetus.


FxWirePro- Major European Indices
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: NZD/USD downside pressure builds, key support level in focus
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary 



