USDJPY New York briefing — 2026-05-04

BIAS BEARISH. H4 EMA bearish overrides neutral D1; RSI 43 supports downside momentum into session. KEY LEVELS R: 157.5, 160.7163 | S: 157, 155.60039 NEWS 🟡 Factory Orders (MoM) Mon 14:00 UTC 🟡 3M Bill Auction Mon 15:30 UTC 🟡 6M Bill Auction Mon 15:30 UTC SESSION OUTLOOK Factory Orders print may spark USD volatility. Watch support hold at 157; break below triggers liquidity sweep to 155.60. PRO UNLOCKS Entry 156.45, SL 157.80, TP1 155.60, TP2 153.20, FVG 156.80–157.15 — unlock with Pro

Key Levels

R: 157.500 · 160.716

S: 157.000 · 155.600