USDJPY Asia briefing — 2026-08-17

BIAS BULLISH. Daily structure supports higher prices; H1/H4 EMAs neutral but RSI (54.25) sits mid-range with room to extend. JPY GDP data overnight could shift momentum. KEY LEVELS R: 159.5, 163.91 | S: 159.0, 155.25 NEWS 🔴 JPY GDP QoQ — Sun 23:50 UTC 🟡 JPY GDP Annualized — Sun 23:50 UTC 🟡 JPY GDP Deflator YoY — Sun 23:50 UTC SESSION OUTLOOK Asia opens post-GDP. Weak data pressures JPY; strong data supports USD bears. Watch 159.5 rejection or break for directional conviction.

Key Levels

R: 159.500 · 163.911

S: 159.000 · 155.251