USDJPY Asia briefing — 2026-08-31

BIAS BULLISH. H4/H1 EMAs aligned bullish, D1 structure supports, RSI neutral (68.49) avoids overbought trap. KEY LEVELS R: 160.24, 160.50 | S: 160.00, 158.04 NEWS 🟡 Industrial Production MoM/YoY (Sun 23:50 UTC) 🟡 Large Retailer Sales (Sun 23:50 UTC) SESSION OUTLOOK Asia opens with slight upside bias into resistance. Watch Industrial Production prints—weak data could spark yen weakness, supporting USD strength toward 160.24.

Key Levels

R: 160.237 · 160.500

S: 160.000 · 158.036