USDJPY Asia briefing — 2026-09-08

BIAS BEARISH. H1/H4 EMAs aligned downward, RSI deeply oversold at 16.54 signals exhaustion; D1 structure confirms downtrend intact. KEY LEVELS R: 154.5, 160.40 | S: 154.0, 153.81 NEWS 🔴 GDP QoQ (JPY) Mon 23:50 UTC 🟡 GDP Annualized (JPY) Mon 23:50 UTC 🟡 Current Account (JPY) Mon 23:50 UTC SESSION OUTLOOK Japan data drops pre-Asia open; watch if weak GDP surprises trigger yen weakness or if oversold bounce meets resistance at 154.5.

Key Levels

R: 154.500 · 160.405

S: 154.000 · 153.813