BUY USDJPY – 153.373

The trade is anchored on a high‑grade technical setup where a Fair Value Gap mid‑line and a bullish order‑block converge on the 4‑hour chart, providing a clear entry zone at 153.373 with a structural stop below 153.223. Multi‑timeframe analysis shows a bearish bias on higher frames but a localized bullish sweep on the lower frame, reinforced by unusually high volume, indicating strong buying interest. Fundamentally, the surprise strength in US non‑farm payrolls has temporarily softened the dollar despite risk‑off sentiment, and the market is awaiting the CPI report, which could further limit downside. Meanwhile, the yen is under pressure from the recent Japanese election outcome, adding to the dollar’s short‑term support. Combining these factors yields a high confidence, high conviction long position with tiered profit targets at 153.478, 153.568 and 153.748.