EURJPY London briefing — 2026-09-16

BIAS BEARISH. Daily structure confirms downtrend; H1 bullish EMA conflicts with H4 neutral and RSI mid-range, but D1 dominance overrides shorter-term noise. KEY LEVELS R: 179.5, 186.00 | S: 179.00, 176.89 NEWS 🟡 Industrial Production s.a. (EUR) Wed 09:00 UTC 🟡 Industrial Production w.d.a. (EUR) Wed 09:00 UTC 🟡 Labor Cost Index (EUR) Wed 09:00 UTC SESSION OUTLOOK Medium-impact EUR data at London open may trigger volatility around 179.5 resistance. Watch for rejection into support confluence at 179.00.

Key Levels

R: 179.500 · 186.002

S: 179.000 · 176.889