USDJPY Asia briefing — 2026-10-09

BIAS BULLISH. Daily structure, H4 EMA, and H1 trend vote converge bullish; H4 fair value gaps reinforce upside despite H1 bearish gaps. KEY LEVELS R: 159.03, 158.50 | S: 158.00, 153.22 NEWS 🔴 Michigan Consumer Sentiment Index (Fri 14:00 UTC) 🟡 Michigan Consumer Expectations Index (Fri 14:00 UTC) 🟡 UoM 1-Year Inflation Expectations (Fri 14:00 UTC) SESSION OUTLOOK Watch 158.00 support hold into US data. Sentiment prints may trigger volatility; bias expects pullbacks into rallies.

Key Levels

R: 158.500 · 159.029

S: 158.000 · 153.220