EURJPY Asia briefing — 2026-10-16

BIAS BEARISH. D1 structure, H4/H1 EMAs, and H4/H1 fair value gaps align downward despite neutral RSI. KEY LEVELS R: 177.5 | 180.89 | S: 177.00 | 176.20 NEWS 🟡 ECB Nagel Speech (EUR) — Fri 02:30 UTC SESSION OUTLOOK Asia opens into bearish structure with support at 177. Watch ECB rhetoric for EUR volatility ahead of London overlap.

Key Levels

R: 177.500 · 180.890

S: 177.000 · 176.201