EUR/JPY Analysis: Short Bias This Week

EUR/JPYShortSwing3h ago0 views

Trade Setup

Entry Price

163.0000

Stop Loss

164.2000

Take Profit

160.5000

Risk : Reward

1 : 2.08

RiskReward

Technical Analysis

Key support at 161.94 is holding. Resistance at 163.5 is the target.

Fundamental Context

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

Trade Setup

Risk:reward is 2:1. Stop loss at 164.2, take profit at 160.5.

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