EURJPY London briefing — 2026-08-11

BIAS NEUTRAL — RSI deeply overbought at 72.14 conflicts with bullish D1 structure; H4/H1 EMA divergence signals weakening momentum despite higher timeframe bias. KEY LEVELS R: 184.00, 187.48 | S: 183.50, 179.14 NEWS 🟡 JPY Money Supply M2+CD (YoY) — Tue 23:50 UTC 🟡 JPY PPI (MoM/YoY) — Wed 23:50 UTC SESSION OUTLOOK Watch 184 resistance rejection; overbought pullback likely before next leg. JPY data mid-week may shift BoJ rate expectations.

Key Levels

R: 184.000 · 187.480

S: 183.500 · 179.145