USDJPY Asia briefing — 2026-08-18

BIAS BULLISH — D1 structure supports upside; H1 EMA bullish despite H4 neutral and RSI mid-range. Daily bias dominates Asia session logic. KEY LEVELS R: 159.5, 163.74 | S: 159, 155.25 NEWS 🟡 ADP Employment (Tue 12:15 UTC) 🟡 Building Permits (Tue 12:30 UTC) SESSION OUTLOOK Asia consolidates around 159.36 ahead of US data. Watch 159.5 rejection or break; stronger conviction emerges post-Tuesday prints.

Key Levels

R: 159.500 · 163.741

S: 159.000 · 155.251