EURJPY London briefing — 2026-05-21

BIAS BEARISH. H4 and H1 EMAs aligned downside; RSI neutral supports continuation lower from structure. KEY LEVELS R: 185, 185.945 | S: 184.5, 182.086 NEWS 🔴 HCOB Composite PMI (EUR) Thu 08:00 UTC 🟡 Current Account n.s.a/s.a (EUR) Thu 08:00 UTC SESSION OUTLOOK PMI data critical for EUR direction. Watch 185 resistance rejection; break below 184.5 confirms bearish momentum into London close. PRO UNLOCKS Entry zones, SL placement, TP clusters, FVG liquidity pockets, Fibonacci extensions — unlock with Pro.

Key Levels

R: 185.000 · 185.945

S: 184.500 · 182.086