EURJPY New York briefing — 2026-10-12

BIAS BEARISH. D1 + H4 + H1 trend aligned bearish; H4 and H1 fair value gaps reinforce downside; RSI neutral keeps momentum risk contained. KEY LEVELS R: 177.5, 181.50 | S: 177.00, 176.20 NEWS 🟡 Bank Lending YoY (JPY) — Mon 12 Oct 23:50 UTC 🟡 PPI MoM & YoY (JPY) — Mon 12 Oct 23:50 UTC SESSION OUTLOOK JPY data releases coincide with NY open volatility window. Watch support holds; breach below 177 targets lower structure.

Key Levels

R: 177.500 · 181.498

S: 177.000 · 176.201