EURJPY Asia briefing — 2026-07-21

BIAS NEUTRAL. Bullish bias conflicts with RSI 41 (oversold lean) and divergent H4/H1 EMAs; D1 structure offers no directional conviction. KEY LEVELS R: 185.5, 186.20 | S: 185, 183.64 NEWS 🔴 ECB Bank Lending Survey (Tue 08:00 UTC) 🟡 ZEW Economic Sentiment (Tue 09:00 UTC) 🟡 ECB Nagel speech (Tue 11:30 UTC) SESSION OUTLOOK ECB data and Nagel remarks drive EUR volatility. Watch 185.5 rejection or break; support hold at 185 critical before Asia close. PRO UNLOCKS Entry zones, SL precision, TP cascades, FVG/liquidity sweeps, Fibonacci targets — Pro members only.

Key Levels

R: 185.500 · 186.205

S: 185.000 · 183.641