USDJPY Asia briefing — 2026-08-03

BIAS BEARISH. EMA H4/H1 aligned bearish, D1 structure lower, RSI oversold at 28.34 presents recovery risk but downtrend intact. KEY LEVELS R: 157.5, 164.09 | S: 157.00, 156.94 NEWS 🟡 Jibun Manufacturing PMI Mon 00:30 UTC 🟡 S&P Global Manufacturing PMI Mon 13:45 UTC 🟡 Construction Spending (MoM) Mon 14:00 UTC SESSION OUTLOOK Asia opens with Jibun PMI; weak data supports yen strength. Watch 157 support hold into US session PMI releases.

Key Levels

R: 157.500 · 164.088

S: 157.000 · 156.942