USDJPY Asia briefing — 2026-05-29

BIAS BULLISH — D1 structure dominates; H4 EMA confirms despite H1 neutrality and RSI mid-range. KEY LEVELS R: 159.5, 159.66 | S: 159.00, 156.45 NEWS 🟡 Industrial Production MoM/YoY (Thu 23:50 UTC) 🟡 Large Retailer Sales (Thu 23:50 UTC) SESSION OUTLOOK Asia opens with mild macro headwinds; data releases may trigger intraday volatility. Watch 159.5 resistance for bullish confirmation into London. PRO UNLOCKS Entry 159.35 | SL 158.95 | TP1 159.66 | TP2 160.10 | FVG 159.1–159.3 | Liquidity sweep 156.8 | Fib resistance 161.18

Key Levels

R: 159.500 · 159.656

S: 159.000 · 156.445