EUR/JPY Trade Idea — Long from 161.4

EUR/JPYLongIntraday4d ago8 views

Trade Setup

Entry Price

161.4000

Stop Loss

160.1000

Take Profit

164.1000

Risk : Reward

1 : 2.08

RiskReward

Technical Analysis

Key support at 160.8 is holding. Resistance at 162.48 is the target.

Fundamental Context

Recent economic data supports a long move on EUR/JPY. Central bank policy remains the key driver.

Trade Setup

Entry at 161.4 with stop at 160.1 gives a clean 2:1 ratio. Target: 164.1.

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