USDJPY New York briefing — 2026-07-24

BIAS BULLISH. EMA alignment (H4/H1) + daily structure confirm uptrend; RSI overbought signals caution but doesn't negate structure. KEY LEVELS R: 164.00, 163.98 | S: 163.50, 160.64 NEWS 🔴 S&P Global Manufacturing PMI (USD) – Fri 24 Jul, 13:45 UTC 🔴 S&P Global Services PMI (USD) – Fri 24 Jul, 13:45 UTC 🟡 S&P Global Composite PMI (USD) – Fri 24 Jul, 13:45 UTC SESSION OUTLOOK PMI data critical; strong prints support USD strength. Watch 164.00 resistance—break confirms momentum; failure risks mean reversion to 163.50. PRO UNLOCKS Entry, SL, TP1, TP2, FV

Key Levels

R: 163.980 · 164.000

S: 163.500 · 160.644