EUR/JPY Short — Day Analysis

EUR/JPYShortIntraday5h ago2 views

Trade Setup

Entry Price

161.9000

Stop Loss

163.1000

Take Profit

159.6000

Risk : Reward

1 : 1.92

RiskReward

Technical Analysis

Looking at the 1-hour chart, EUR/JPY is showing a clear head and shoulders pattern near the 161.9 level.

Fundamental Context

Fundamental catalysts align with the technical picture here. EUR/JPY has room to move.

Trade Setup

Entry at 161.9 with stop at 163.1 gives a clean 2:1 ratio. Target: 159.6.

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