EURJPY London briefing — 2026-06-04

BIAS NEUTRAL. RSI at 44 (neither oversold nor overbought), H4 and H1 EMAs divergent, D1 structure flat—bullish bias lacks confirmation from momentum or structure. KEY LEVELS R: 186.22 | S: 185.5, 184.06 NEWS 🔴 Lagarde Speech (EUR) Thu 08:00 UTC | 🔴 Retail Sales YoY (EUR) Thu 10:00 UTC | 🟡 Retail Sales MoM (EUR) Thu 10:00 UTC SESSION OUTLOOK Lagarde and retail data are high-impact. Watch 186 resistance; break above unlocks bullish structure. Below 185.5 signals weakness into London close. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets—unlock with Pro.

Key Levels

R: 186.000 · 186.221

S: 185.500 · 184.065