USDJPY Asia briefing — 2026-08-11

BIAS NEUTRAL. D1 bullish structure conflicts with H4 neutral EMA and RSI overbought at 75—no clean conviction. KEY LEVELS R: 159.5, 164.09 | S: 159.0, 155.25 NEWS 🟡 ADP Employment Change 4-week avg (Tue 12:15 UTC) 🔴 NFIB Business Optimism Index (Tue 10:00 UTC) 🔴 Redbook Index YoY (Tue 12:55 UTC) SESSION OUTLOOK Watch NFIB and ADP for USD directional bias. Overbought RSI may fade into resistance; support at 159 is primary pivot.

Key Levels

R: 159.500 · 164.088

S: 159.000 · 155.251