USDJPY Asia briefing — 2026-07-24

BIAS BULLISH — H4/H1 EMAs aligned uptrend, D1 structure bullish, but RSI 78.55 signals overbought exhaustion risk. KEY LEVELS R: 163.98, 164.00 | S: 163.50, 160.64 NEWS 🟡 Jibun Bank Manufacturing PMI (JPY) — Fri 24 Jul, 00:30 UTC [LOW] 🟡 Foreign Bond/Stock Investment (JPY) — Thu 23 Jul, 23:50 UTC [LOW] SESSION OUTLOOK Watch for pullback into 163.50 support as overbought conditions cool. Low-impact data unlikely to shift direction; focus on intrabar rejection at resistance. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro

Key Levels

R: 163.980 · 164.000

S: 163.500 · 160.644