USDJPY New York briefing — 2026-07-16

BIAS BULLISH. H4/H1 EMAs aligned bullish; RSI neutral at 53.49 supports upside without overbought risk; D1 structure lacks confirmation but intraday momentum favors buyers. KEY LEVELS R: 162.5, 162.8446 | S: 162, 160.60117 NEWS 🟡 Pending Home Sales (MoM) – Thu 14:00 UTC 🔴 Business Inventories – Thu 14:00 UTC 🔴 NAHB Housing Index – Thu 14:00 UTC SESSION OUTLOOK US data cluster at 14:00 UTC may test 162.5 resistance. Watch for dollar reaction; weak housing data could stall momentum toward 162.8446. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with Pro

Key Levels

R: 162.500 · 162.845

S: 162.000 · 160.601