EURJPY Asia briefing — 2026-07-22

BIAS NEUTRAL. H4/H1 EMAs bullish, but D1 structure bearish and RSI at 66 signals overbought conditions—conflicting timeframe signals demand caution. KEY LEVELS R: 186.50, 186.20 | S: 186.00, 183.64 NEWS 🟡 Merchandise Trade Balance (JPY) — Tue 23:50 UTC 🟡 Exports YoY (JPY) — Tue 23:50 UTC 🟡 Imports YoY (JPY) — Tue 23:50 UTC SESSION OUTLOOK Watch Asia open reaction near 186.00 support. JPY data at London open could trigger volatility; monitor for D1 rejection of higher prices. PRO UNLOCKS Entry, SL, TP zones, FVG liquidity sweeps, Fibonacci targets—unlock with Pro subscription.

Key Levels

R: 186.205 · 186.500

S: 186.000 · 183.641