EURJPY London briefing — 2026-08-31

BIAS BEARISH. D1 structure confirms downside; H1 EMA bearish despite H4 neutrality and RSI at 40 (neither oversold nor overbought). Daily trend trumps intraday divergence. KEY LEVELS R: 185.5, 186.0288 | S: 185.0, 183.32382 NEWS 🟡 Capital Spending (JPY) Mon 23:50 UTC 🟡 Jibun Bank PMI (JPY) Tue 00:30 UTC 🟡 Consumer Confidence (JPY) Tue 05:00 UTC SESSION OUTLOOK JPY data risks emerge post-London close; watch 185 hold before Tokyo opens. Support breach targets 183.32382.

Key Levels

R: 185.500 · 186.029

S: 185.000 · 183.324