USDJPY Asia briefing — 2026-05-12

BIAS BULLISH. D1 structure dominates despite H4 neutrality; H1 bullish EMA supports upside continuation. KEY LEVELS R: 157.5, 160.72 | S: 157.00, 155.08 NEWS 🟡 BoJ Summary of Opinions — Mon 23:50 UTC 🟡 JP Foreign Reserves — Mon 23:50 UTC 🟡 10-y Bond Auction — Tue 03:35 UTC SESSION OUTLOOK Asia opens post-BoJ data. Watch 157.5 resistance for breakout confirmation. Monitor bonds auction impact on JPY weakness thesis. PRO UNLOCKS Entry 157.45 | SL 156.80 | TP1 158.20 | TP2 160.50 | FVG 157.80–158.10 | Liquidity sweep 157.12 — unlock

Key Levels

R: 157.500 · 160.716

S: 157.000 · 155.080