USDJPY London briefing — 2026-06-02

BIAS BULLISH with caution. EMA alignment (H4/H1) + D1 structure support upside, but RSI 81.57 signals overbought—pullback risk before continuation. KEY LEVELS R: 159.76, 160.00 | S: 159.50, 157.61 NEWS 🟡 JOLTS Job Openings (14:00 UTC) 🔴 Redbook Index YoY (12:55 UTC) 🔴 RealClearMarkets/TIPP Optimism (14:00 UTC) SESSION OUTLOOK Watch Redbook and JOLTS for USD strength confirmation. Overbought conditions may cap gains near 159.76—watch for rejection or breakout structure. PRO UNLOCKS Entry zones, SL placement, TP targets, FVG accumulation points, liquidity sweep predictions, Fibonacci extension targets—unlock with Pro

Key Levels

R: 159.759 · 160.000

S: 159.500 · 157.608