USDJPY New York briefing — 2026-08-28

BIAS BULLISH — H1 EMA bullish despite H4 neutral; RSI 62 supports upside continuation above 159.60. KEY LEVELS R: 159.78, 160.00 | S: 159.50, 157.55 NEWS 🔴 Fed Chair Warsh speech 14:00 UTC 🟡 Chicago PMI 13:45 UTC 🟡 Michigan Consumer Expectations 14:00 UTC SESSION OUTLOOK Warsh speech dominates. Break above 159.78 targets 160; failure below 159.50 risks H4 pivot flip to bearish.

Key Levels

R: 159.782 · 160.000

S: 159.500 · 157.554