USDJPY London briefing — 2026-07-03

BIAS NEUTRAL. RSI oversold (26.86) suggests bounce potential, but H1 bearish EMA conflicts with D1 bullish structure—no clear directional edge. KEY LEVELS R: 161.0, 162.8446 | S: 160.5, 159.452 NEWS None scheduled. SESSION OUTLOOK Watch for relief rally off oversold RSI toward 161 resistance. If H1 EMA resynchronizes with D1 structure, continuation higher becomes viable. PRO UNLOCKS [Entry zones, SL placement, TP clusters, FVG liquidity pockets, Fibonacci extension targets — Pro subscribers unlock here]

Key Levels

R: 161.000 · 162.845

S: 160.500 · 159.452