EURJPY London briefing — 2026-07-28

BIAS NEUTRAL. H4 bullish vs H1 neutral EMA divergence + RSI at 46 (midpoint) conflicts despite D1 structure support. KEY LEVELS R: 186.5, 186.75 | S: 186.0, 184.20 NEWS 🟡 Foreign Bond Investment (JPY) Wed 29 Jul 23:50 UTC 🟡 Foreign Investment in Japan Stocks (JPY) Wed 29 Jul 23:50 UTC 🟡 Consumer Confidence Index (JPY) Thu 30 Jul 05:00 UTC SESSION OUTLOOK London unlikely to push fresh directional conviction on low-impact JPY data. Watch 186.5 rejection or hold for bias confirmation. PRO UNLOCKS Entry scalp zone, SL placement, TP1/TP2 targets, FVG liquidity sweeps, Fibonacci structure — unlock with Pro

Key Levels

R: 186.500 · 186.754

S: 186.000 · 184.205