USDJPY London briefing — 2026-05-26

BIAS BULLISH — D1 structure dominates; H4 EMA confirms despite H1 neutrality and RSI mid-range. KEY LEVELS R: 159.47, 159.5 | S: 159.0, 156.04 NEWS 🟡 Housing Price Index (MoM) 13:00 UTC 🔴 Chicago Fed NAI 12:30 UTC 🔴 S&P/Case-Shiller YoY 13:00 UTC SESSION OUTLOOK Weak housing data risks USD pullback; watch 159.0 hold into London close. Resistance 159.47 remains target if data disappoints. PRO UNLOCKS Entry 159.22 | SL 158.95 | TP1 159.47 | TP2 159.65 | FVG 158.8–159.1 | Liquidity sweep 156.

Key Levels

R: 159.469 · 159.500

S: 159.000 · 156.045