USDJPY Asia briefing — 2026-08-28

BIAS BULLISH. D1 structure bullish; H1 EMA confirms. RSI neutral mid-range allows upside extension. H4 EMA divergence noted but overridden by daily strength. KEY LEVELS R: 159.5, 159.78 | S: 159.0, 157.55 NEWS 🔴 Fed Chair Warsh speech (Fri 14:00 UTC) 🟡 Chicago PMI (Fri 13:45 UTC) 🟡 Michigan Consumer Expectations (Fri 14:00 UTC) SESSION OUTLOOK Asia session may consolidate ahead of high-impact USD events. Watch 159.5 resistance for breakout confirmation into NY overlap.

Key Levels

R: 159.500 · 159.782

S: 159.000 · 157.554