USDJPY Asia briefing — 2026-09-30

BIAS BEARISH. H4 and H1 fair value gaps combined with H1 bearish EMA produce downside bias despite neutral trend vote and RSI. KEY LEVELS R: 157.5, 159.03 | S: 157.0, 152.91 NEWS 🟡 Industrial Production MoM/YoY (JPY) – Tue 23:50 UTC 🟡 Large Retailer Sales (JPY) – Tue 23:50 UTC SESSION OUTLOOK Asia session opens with JPY data risk. Watch for H1 break below 157.0 to confirm bearish momentum into London overlap.

Key Levels

R: 157.500 · 159.029

S: 157.000 · 152.908