USDJPY New York briefing — 2026-08-18

BIAS BULLISH. Daily structure bullish, H1 EMA bullish, RSI neutral (65.57)—near overbought but not extended. KEY LEVELS R: 160.00, 163.74 | S: 159.50, 155.25 NEWS 🟡 Redbook Index (12:55 UTC) 🟡 Capacity Utilization (13:15 UTC) 🟡 Industrial Production MoM (13:15 UTC) SESSION OUTLOOK Three USD data prints cluster mid-session. Watch 160 resistance hold or break; weaker US data could trigger pullback toward 159.50.

Key Levels

R: 160.000 · 163.741

S: 159.500 · 155.251