Trading EUR/JPY: Short Entry Near 162.1

EUR/JPYShortIntraday3d ago2 views

Trade Setup

Entry Price

162.1000

Stop Loss

162.4000

Take Profit

161.6000

Risk : Reward

1 : 1.67

RiskReward

Technical Analysis

Price action on EUR/JPY suggests short momentum. The 1-hour structure is aligning with the higher timeframe trend.

Fundamental Context

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

Trade Setup

Risk:reward is 2:1. Stop loss at 162.4, take profit at 161.6.

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