SELL EURJPY – 181.376

The trade is based on a confluence of technical signals: the price formed an equal‑high‑low sweep and is filling a recent gap, the H4 chart shows an 11% down move and the 38.2% Fibonacci retracement of the 172.24‑186.86 swing sits at 181.27, providing a clear short entry. Multi‑timeframe analysis is bearish on both the 4‑hour and higher frames, and volume is elevated, confirming selling pressure. On the fundamental side, the latest US employment report beat expectations and CPI came in below forecasts, prompting a risk‑off shift that strengthens the yen as a safe‑haven currency while the euro remains under pressure from weaker euro‑area data. This macro backdrop supports further yen appreciation against the euro, justifying the sell order with a tight stop at 181.526 and three profit targets down to 181.001.