USDJPY Asia briefing — 2026-10-23

BIAS BEARISH. Trend vote (D1+H4+H1 combined), RSI deep oversold at 23.71, and bearish fair value gaps on both H4 and H1 drive directional conviction. KEY LEVELS R: 157.00, 158.96 | S: 156.50, 156.38 NEWS 🟡 Jibun Manufacturing/Services PMI (JPY) Fri 00:30 UTC 🟡 S&P Global Composite PMI (USD) Fri 13:45 UTC SESSION OUTLOOK Asia opens with dual JPY PMIs; watch 156.50 support hold. USD Composite PMI later may amplify direction into London.

Key Levels

R: 157.000 · 158.962

S: 156.500 · 156.383