USDJPY London briefing — 2026-08-10

BIAS BULLISH. D1 structure bullish, H1 EMA bullish, RSI neutral at 64.53—no conflict between timeframes; daily conviction overrides intraday divergence. KEY LEVELS R: 158.5, 164.08 | S: 158.0, 155.25 NEWS 🟡 3M & 6M Bill Auctions (USD) Mon 15:30 UTC | 🟡 NFIB Index Tue 10:00 UTC SESSION OUTLOOK London session tests 158.5 resistance. Bill auctions may stabilize USD; watch for breakout confirmation above 158.5 into London close.

Key Levels

R: 158.500 · 164.088

S: 158.000 · 155.251