SELL EURJPY – 181.275

The EURJPY pair is forming an equal‑high‑low sweep that has filled a recent gap, indicating strong sell pressure. On the H4 chart the price is in a 9% down move and the multi‑timeframe analysis shows bearish bias across lower timeframes, while the OBV indicator shows a conflict that reinforces the downside. Volume is elevated, confirming the move’s strength. Fundamentally, Japanese authorities have signaled heightened vigilance on FX volatility, raising the probability of yen‑supporting intervention, and recent US labour market data have boosted risk‑off sentiment, further pressuring the euro against the yen. The trade is entered at 181.275 with a structured stop just above the recent swing high at 181.425, targeting three profit zones at 181.185, 181.08 and 180.90, aligning technical and macro drivers for a high‑conviction short.