USDJPY New York briefing — 2026-08-11

BIAS NEUTRAL — RSI overbought (72.56) conflicts with bullish D1 structure and H1 EMA; H4 divergence signals caution despite upside bias. KEY LEVELS R: 159.5, 164.08805 | S: 159, 155.25118 NEWS 🟡 Existing Home Sales Change (MoM) – Tue 14:00 UTC 🔴 Redbook Index, Existing Home Sales – Tue 12:55/14:00 UTC SESSION OUTLOOK Soft US data may cap upside momentum. Watch 159.5 resistance rejection; overbought conditions favor pullback to 159 support.

Key Levels

R: 159.500 · 164.088

S: 159.000 · 155.251