EURJPY London briefing — 2026-10-02

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA all align downward; RSI neutral supports continuation without reversal signal. KEY LEVELS R: 178.00, 181.50 | S: 177.50, 176.79 NEWS 🔴 Core CPI MoM & YoY (EUR) — 09:00 UTC 🟡 Cipollone speech (ECB) — 07:30 UTC SESSION OUTLOOK London open tests support at 177.5 ahead of high-impact CPI. H1/H4 FVGs offer pullback resistance zones for shorts.

Key Levels

R: 178.000 · 181.498

S: 177.500 · 176.795