USDJPY London briefing — 2026-07-28

BIAS BULLISH. H4/H1 EMAs aligned uptrend, D1 structure bullish, RSI neutral at 57 avoids overbought exhaustion. KEY LEVELS R: 164.00, 164.08 | S: 163.50, 161.30 NEWS 🟡 ADP Employment (Tue 12:15 UTC) 🟡 Goods Trade Balance (Tue 12:30 UTC) 🟡 Wholesale Inventories (Tue 12:30 UTC) SESSION OUTLOOK Watch for breakout above 164.00 on ADP data. Medium data risk may trigger profit-taking; hold above 163.50 support. PRO UNLOCKS Entry targets, SL placement, TP zones, liquidity sweeps, FVG confluence — Pro subscribers only.

Key Levels

R: 164.000 · 164.088

S: 163.500 · 161.302