EURJPY Asia briefing — 2026-08-20

BIAS BULLISH — D1 structure constructive; H1 EMA bullish supports upside despite H4 neutrality and RSI mid-range. KEY LEVELS R: 185.00, 184.99 | S: 184.50, 179.14 NEWS 🟡 Merchandise Trade Balance (JPY) — Wed 23:50 UTC 🟡 Exports YoY (JPY) — Wed 23:50 UTC 🟡 Foreign Bond Investment (JPY) — Wed 23:50 UTC SESSION OUTLOOK Japan data drops mid-session; watch JPY reaction near 185 resistance. H1 bullish bias valid if 184.50 holds.

Key Levels

R: 184.995 · 185.000

S: 184.500 · 179.145