EURJPY London briefing — 2026-08-07

BIAS BEARISH. Daily structure and H4 EMA confirm downside; H1 neutral divergence suggests intraday chop but no breakout signal yet. KEY LEVELS R: 183.00, 187.48 | S: 182.50, 179.14 NEWS CFTC EUR & JPY NC Net Positions (Fri 19:30 UTC) 🟡 SESSION OUTLOOK London dip-buyers may test 182.50 support; watch CFTC data release for conviction. H1 neutrality caps upside until H4 confirms below 182.

Key Levels

R: 183.000 · 187.480

S: 182.500 · 179.145