BUY CADJPY – 112.351

The trade is based on a high‑quality technical setup where a fair‑value‑gap (FVG) midline acted as a magnet and the price executed an equal high/low sweep, confirming a bullish bias. Volume spikes reinforced the move, and the break of recent structure on the H4 chart (16% retracement) provided a clean entry at 112.351 with a tight structural stop. On the macro side, the unexpectedly strong US employment report pushed the dollar lower and heightened risk appetite, which benefits the Canadian dollar as a commodity‑linked asset while the yen, a safe‑haven, faces downward pressure. This confluence of a strong technical signal and a supportive fundamental backdrop justifies a high‑confidence, high‑conviction long position with multiple profit targets.