BUY EURJPY – 182.115

The trade is based on a strong technical setup where a fair‑value‑gap (FVG) identified on the 4‑hour chart aligns with the mid‑line that the price is currently filling. The entry at 182.115 sits just above the recent swing low and the stop‑loss at 181.965 is placed at the structural low, giving a tight risk‑reward. The pair is also near the 38.2 % Fibonacci retracement of the 172.24‑186.86 move (≈181.27), providing additional confluence. On the fundamental side, the yen is weakening as market participants anticipate softer US CPI data and a risk‑off environment, reinforced by the Swiss CPI flat reading and comments from BoJ officials about sticky inflation that may lead to tighter policy. This macro backdrop favours the euro against the yen, supporting a bullish bias. Combined, the technical alignment and the macro‑fundamental drivers give a high confidence level for a short‑term upside to the first target at 182.22 and further to 182.31‑182.49.