USDJPY London briefing — 2026-07-17

BIAS BULLISH. Daily structure bullish, H4 EMA aligned, RSI neutral midrange supports upside potential despite H1 divergence. KEY LEVELS R: 162.5, 162.8446 | S: 162.00, 160.60117 NEWS 🟡 Building Permits MoM (USD) 12:30 UTC — medium impact 🟡 Export Price Index MoM (USD) 12:30 UTC — low impact SESSION OUTLOOK Watch resistance 162.5 into London open; Building Permits data may trigger volatility. Support 162 holds bias intact. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro

Key Levels

R: 162.500 · 162.845

S: 162.000 · 160.601