EURJPY London briefing — 2026-09-08

BIAS NEUTRAL — RSI oversold at 18.63 invites bounce, but H4/H1 EMAs bearish and D1 structure lower conflict any clean upside conviction. KEY LEVELS R: 179.0 | 186.03 | S: 178.5 | 177.86 NEWS 🟡 ECB Elderson speech (EUR) Tue 15:00 UTC | 🟡 JPY Money Supply M2+CD Tue 23:50 UTC SESSION OUTLOOK Watch ECB commentary for EUR support. Oversold RSI may spark tactical longs into 179, but lower D1 structure caps conviction until close above resistance.

Key Levels

R: 179.000 · 186.029

S: 178.500 · 177.856