EUR/JPY: Bullish Thesis on Policy DivergenceEuro / Japanese YenCMCMARKETS:EURJPYMaxellAguiranOur primary thesis is built on a powerful confluence of compelling fundamental drivers and a clear technical structure. We are taking a long position in EUR/JPY with high conviction, anticipating significant upside fueled by a stark monetary policy divergence confirmed by a constructive chart formation. 📰 Fundamental Analysis: The core of this trade is the widening policy gap between the European Central Bank (ECB) and the Bank of Japan (BoJ). While the BoJ is only just beginning to exit its ultra-loose monetary policy, the global environment points toward continued JPY weakness. The upcoming high-impact US news will act as a major catalyst. A "risk-on" reaction to the data would significantly weaken the JPY, providing a strong tailwind for this trade. 📊 Technical Analysis: The chart structure for EUR/JPY is decidedly bullish. The pair has established a clear uptrend, and recent price action indicates a period of healthy consolidation above key support levels. This presents a strategic entry point, as the market appears to be gathering momentum for the next leg higher. The current setup suggests a low-risk entry into a well-defined upward trend. 🧠 The Trade Plan: Based on this synthesis, we are executing a precise trade with a favorable risk profile. 👉 Entry: 172.422 ⛔️ Stop Loss: 171.292 🎯 Take Profit: 174.684 ⚖️ Risk/Reward: 1:2