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USDJPY New York briefing — 2026-08-05

Bias: bearish

BIAS BEARISH. EMA H4/H1 aligned bearish; D1 structure confirms. RSI neutral but not contradicting downside bias. KEY LEVELS R: 158.00 | S: 157.50, 155.25 NEWS 🟡 S&P Global Composite PMI (USD) 13:45 UTC 🟡 ISM Services Employment Index 14:00 UTC SESSION OUTLOOK PMI data may weigh on USD. Watch 157.50 hold; breach targets 155.25. Resistance 158 caps rallies.

Key Levels

R: 158.000 · 164.088

S: 157.500 · 155.251

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