USDJPY Asia briefing — 2026-05-06

BIAS BULLISH. D1 structure dominates: uptrend intact despite H4 bearish EMA, RSI neutral mid-range supports continuation. KEY LEVELS R: 158, 160.72 | S: 157.50, 155.60 NEWS 🔴 ADP Employment Change Wed 12:15 UTC 🟡 Fed's Musallem Speech Wed 13:30 UTC 🔴 MBA Mortgage Applications Wed 11:00 UTC SESSION OUTLOOK Asia session quiet; watch 157.50 hold ahead of high-impact ADP at London open. USD strength likely if employment beats. PRO UNLOCKS Entry 157.75, SL 157.20, TP1 158.10, TP2 160.50, FVG 157.30-157.45, liquidity sweep 157.50 — unlock Pro

Key Levels

R: 158.000 · 160.716

S: 157.500 · 155.600