USDJPY London briefing — 2026-09-14

BIAS BEARISH. Daily structure bearish; H4 EMA confirms downtrend despite H1 neutral divergence and RSI mid-range (57.43). KEY LEVELS R: 154.5, 160.40 | S: 154.0, 152.38 NEWS 🟡 3M & 6M Bill Auctions (USD) Mon 15:30 UTC — low impact. SESSION OUTLOOK Watch 154 support hold into London close. Bill auctions may trigger USD volatility; break below 154 targets 152.38.

Key Levels

R: 154.500 · 160.405

S: 154.000 · 152.379