EURJPY New York briefing — 2026-05-18

BIAS BULLISH. D1 structure commits despite neutral H4/H1 EMAs; RSI neutral at 64.52 supports continuation above 185. KEY LEVELS R: 185.5, 187.556 | S: 185.0, 182.086 NEWS 🔴 JPY GDP QoQ (23:50 UTC) 🟡 JPY GDP Annualized (23:50 UTC) 🟡 JPY GDP Deflator YoY (23:50 UTC) SESSION OUTLOOK GDP data arrives mid-session; weak JPY figures extend bullish bias. Watch 185.5 resistance breakout into NY close. PRO UNLOCKS Entry: 185.25 | SL: 184.8 | TP1: 186.2 | TP2: 187.556 | FVG: 185.6–186.1 — unlock

Key Levels

R: 185.500 · 187.556

S: 185.000 · 182.086