USDJPY London briefing — 2026-07-14

BIAS BULLISH. H4 and H1 EMAs aligned uptrend; RSI 61.55 neutral but not overbought; D1 structure neutral doesn't contradict momentum. KEY LEVELS R: 162.5, 162.8446 | S: 162.00, 160.60 NEWS 🔴 CPI MoM (USD) 12:30 UTC 🟡 ADP Employment 4-week avg 12:15 UTC 🔴 NFIB Business Optimism 10:00 UTC SESSION OUTLOOK CPI release at 12:30 UTC is volatility catalyst. Watch 162.5 resistance; break above targets 162.8. If CPI disappoints USD, support 162.00 tested. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweep levels — unlock with Pro

Key Levels

R: 162.500 · 162.845

S: 162.000 · 160.601