USDJPY London briefing — 2026-07-21

BIAS BULLISH. H4 and H1 EMAs aligned bullish; D1 structure supports upside. RSI neutral at 64.63 prevents overbought confirmation. KEY LEVELS R: 162.75 | 163.00 | S: 162.50 | 160.60 NEWS 🟡 ADP Employment Change 4-week avg (Tue 12:15 UTC) 🟡 Redbook Index YoY (Tue 12:55 UTC) 🟡 API Weekly Crude Oil Stock (Tue 20:30 UTC) SESSION OUTLOOK London opens near support at 162.50. Watch ADP reaction mid-session; medium impact could trigger intraday volatility toward 163 resistance. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci confluence — unlock Pro.

Key Levels

R: 162.745 · 163.000

S: 162.500 · 160.601