USDJPY New York briefing — 2026-09-22

BIAS BULLISH. Daily structure, H4/H1 EMA trend votes, and bullish fair value gaps across H4 and H1 timeframes drive directional bias. KEY LEVELS R: 157.5, 158.97 | S: 157.00, 152.38 NEWS 🟡 ADP Employment Change 4-week average (Tue 12:15 UTC) 🟡 Redbook Index YoY (Tue 12:55 UTC) 🟡 Richmond Fed Manufacturing Index (Tue 14:00 UTC) SESSION OUTLOOK Watch for ADP data reaction near 157.50 resistance. Monitor H1 FVG holds above 157.00 support through New York cash hours.

Key Levels

R: 157.500 · 158.967

S: 157.000 · 152.379