EUR/JPY Analysis: Short Bias This Week

EUR/JPYShortSwing4d ago11 views

Trade Setup

Entry Price

162.3000

Stop Loss

162.4000

Take Profit

162.1000

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Price action on EUR/JPY suggests short momentum. The 4-hour structure is aligning with the higher timeframe trend.

Fundamental Context

The macro environment favors short positions on EUR/JPY. Keep an eye on upcoming data releases.

Trade Setup

Entry at 162.3 with stop at 162.4 gives a clean 2:1 ratio. Target: 162.1.

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