USDJPY Asia briefing — 2026-06-02

BIAS BULLISH with caution. EMA H4/H1 aligned bullish, D1 structure bullish, but RSI 76.19 signals overbought—room for pullback before continuation. KEY LEVELS R: 159.76 | 160.00 | S: 159.50 | 157.61 NEWS 🟡 Monetary Base YoY (JPY) – Mon 23:50 UTC 🟡 10-y Bond Auction (JPY) – Tue 03:35 UTC 🟡 Redbook Index YoY (USD) – Tue 12:55 UTC SESSION OUTLOOK ASIA likely sees choppy consolidation near 159.65 ahead of JPY data. Watch 159.50 support hold; break above 159.76 confirms next leg higher. PRO UNLOCKS Entry zones, stops, targets, FVG liquidity sweeps

Key Levels

R: 159.759 · 160.000

S: 159.500 · 157.608