EURJPY New York briefing — 2026-10-26

BIAS BEARISH. Daily structure, H4 EMA, and H4 fair value gaps align downward despite H1 bullish FVG conflict. KEY LEVELS R: 176.5, 179.33 | S: 176.0, 175.1 NEWS 🟡 Corporate Service Price Index (JPY) Mon 23:50 UTC 🔴 ECB Bank Lending Survey (EUR) Tue 09:00 UTC SESSION OUTLOOK Watch holds below 176.5. JPY data tonight may test conviction; ECB survey tomorrow carries higher conviction risk.

Key Levels

R: 176.500 · 179.331

S: 176.000 · 175.101