USDJPY Asia briefing — 2026-08-13

BIAS BULLISH. Daily structure bullish; H1 EMA confirms upside. H4 neutral divergence noted but outweighed by higher timeframe conviction and RSI at 61.5. KEY LEVELS R: 159.5, 164.08805 | S: 159, 155.25118 NEWS 🟡 JPY PPI (MoM/YoY) Wed 23:50 UTC | 🟡 Machine Tool Orders Thu 06:00 UTC SESSION OUTLOOK Watch PPI releases for yen weakness confirmation. Machine Tool Orders could trigger volatility into Tokyo close. Hold 159 support for bias continuation.

Key Levels

R: 159.500 · 164.088

S: 159.000 · 155.251