EURJPY London briefing — 2026-08-06

BIAS BEARISH — D1 structure bearish; H4 EMA bearish supports downside conviction despite H1 neutral and RSI 52.4 lacking momentum confirmation. KEY LEVELS R: 182.5, 187.48 | S: 182.0, 179.14 NEWS 🔴 Retail Sales YoY (EUR) Thu 09:00 UTC 🟡 Retail Sales MoM (EUR) Thu 09:00 UTC 🟡 Economic Bulletin (EUR) Thu 08:00 UTC SESSION OUTLOOK EUR data arrives early London; weak retail sales could extend bearish pressure. Watch 182 support hold; breach targets 179.14.

Key Levels

R: 182.500 · 187.480

S: 182.000 · 179.145