EURJPY London briefing — 2026-09-04

BIAS NEUTRAL — RSI oversold signals bounce potential, but H1 bearish EMA conflicts with H4 neutral; daily structure remains bearish, creating genuine directional ambiguity. KEY LEVELS R: 182.0, 186.03 | S: 181.5, 180.53 NEWS 🟡 ECB Lane Speech — 09:00 UTC 🔴 EUR Retail Sales YoY — 09:00 UTC SESSION OUTLOOK London opens into dual EUR events; watch if ECB/retail data triggers breakout above 182 or retest of 180.53. Oversold condition may attract dip-buyers despite bearish D1 bias.

Key Levels

R: 182.000 · 186.029

S: 181.500 · 180.525