EURJPY Asia briefing — 2026-08-17

BIAS BULLISH. D1 structure confirms uptrend; H1 EMA aligns bullish despite H4 neutrality and RSI at 62 (not yet overbought). Divergence between timeframes noted but daily bias holds. KEY LEVELS R: 184.5, 187.48 | S: 184.00, 179.14 NEWS 🔴 JPY GDP (QoQ, Annualized, Deflator YoY) — Sun 23:50 UTC. High volatility risk; strong data weakens JPY, supports EUR/JPY. SESSION OUTLOOK Asia opens post-GDP print. Watch 184 support hold; break above 184.5 targets 187.48. GDP surprise direction critical for session direction.

Key Levels

R: 184.500 · 187.480

S: 184.000 · 179.145