FxWirePro: BoJ a non-event, USD/JPY muted around 124.80

• USD/JPY trades range-bound on the day 124.67-84, showed little reaction to BoJ's decision to stay pat
  
  
• Markets focus now on BOJ Governor Kuroda's press conference ahead of Europe open and US payrolls due later in the New York session
  
  
• Currently, the major is trading modestly flat at 124.77, struggling hard to reclaim 125 handle
  
  
• Immediate resistance lies at 125.01 (Daily High Aug 5), breaks above could take the pair to 125.60 (Hourly High Jun 8)
  
  
• On the downside, supports are seen at 124.27 (Hourly Low Aug 5) followed by 124.05 (10-Day MA)

Resistance Levels:

R1: 125.01 (Daily High Aug 5)

R2: 125.60 (Hourly High Jun 8)

R3: 125.68 (Daily High Jun 8)

Support Levels:

S1: 124.27 (Hourly Low Aug 5)

S2: 124.05 (10-Day MA)

S3: 124.02 (Daily Low Aug 5)