USDJPY London briefing — 2026-07-15

BIAS BULLISH. H4 & H1 EMAs aligned uptrend; RSI neutral (56) leaves room to run; D1 structure offers no headwind. KEY LEVELS R: 162.5, 162.84 | S: 162.0, 160.60 NEWS 🟡 MBA Mortgage Applications 11:00 UTC (LOW) 🟡 NY Empire State Manufacturing 12:30 UTC (MEDIUM) 🟡 Producer Price Index 12:30 UTC (MEDIUM) SESSION OUTLOOK London session overlaps early NY data. Watch PPI & Empire for USD strength confirmation. Hold above 162.0. PRO UNLOCKS Precision entries, optimal SL placement, TP cascades, FVG liquidity zones, Fibonacci targets — unlock with Pro.

Key Levels

R: 162.500 · 162.845

S: 162.000 · 160.601