EURJPY London briefing — 2026-07-16

BIAS BULLISH. H4/H1 EMAs aligned upward; RSI 66.96 neutral (not overbought); D1 structure neutral but intraday momentum favors buyers. KEY LEVELS R: 186.00, 186.03 | S: 185.50, 183.64 NEWS 🟡 EUR Trade Balance (n.s.a./s.a.) — Thu 09:00 UTC [LOW impact] 🟡 EUR Current Account — Fri 08:00 UTC [LOW impact] SESSION OUTLOOK London open: watch 186.00 resistance. Low-impact data may trigger minor volatility. Stay alert for break-and-retest patterns into NY overlap. PRO UNLOCKS [Exact micro-entries, SL precision, TP clusters, FVG targets, liquidity sweeps, fibonacci retracements—unlock with Pro]

Key Levels

R: 186.000 · 186.026

S: 185.500 · 183.641