USDJPY Asia briefing — 2026-05-03

**USDJPY ASIA SESSION BRIEFING — 2026-05-03** Bias remains NEUTRAL with bearish EMA alignment on H4/H1 keeping downside pressure intact. RSI at 37.45 shows room to test support before oversold conditions; watch 156.50 as the first flush level. Price near 156.90 faces resistance at 157.00 ahead of Factory Orders (Mon 14:00 UTC) and Bill Auctions—medium-impact data could shift intraday momentum. Range-trade setup favored until US data triggers directional conviction.

Key Levels

R: 157.000 · 160.716

S: 156.500 · 155.600