EURJPY London briefing — 2026-09-01

BIAS BEARISH. D1 structure bearish, H4 EMA bullish conflicts with H1 neutral—RSI 52.7 mid-range supports downside bias continuation. KEY LEVELS R: 186.0288, 186 | S: 185.5, 183.43821 NEWS 🔴 Core CPI MoM & YoY (EUR) 09:00 UTC 🟡 HCOB Manufacturing PMI (EUR) 08:00 UTC SESSION OUTLOOK High-impact inflation prints at 09:00 may trigger JPY strength. Watch 185.5 hold; break below confirms downside extension toward 183.43821.

Key Levels

R: 186.000 · 186.029

S: 185.500 · 183.438