USDJPY New York briefing — 2026-05-14

BIAS BEARISH. RSI overbought at 73.16 signals pullback; D1 neutral structure confirms no uptrend commitment despite H1 bullish EMA. KEY LEVELS R: 158.00, 160.72 | S: 157.50, 155.08 NEWS 🟡 Fed's Schmid speech (14:15 UTC) 🔴 EIA Natural Gas Storage (14:30 UTC) 🔴 Business Inventories (14:00 UTC) SESSION OUTLOOK Watch 158 resistance for rejection into support. Schmid speech may trigger volatility; monitor yen strength on risk-off flow. PRO UNLOCKS Entry: 157.65 | SL: 158.30 | TP1: 157.20 | TP2: 155.50 | Liquidity sweep at 158.10

Key Levels

R: 158.000 · 160.716

S: 157.500 · 155.080