EUR/JPY at Critical Level — Long Setup Forming

EUR/JPYLongSwing5h ago4 views

Trade Setup

Entry Price

161.9000

Stop Loss

161.5000

Take Profit

162.7000

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

EUR/JPY has formed a strong ascending triangle on the 4-hour chart. Entry near 161.9 with stop below 161.5.

Fundamental Context

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

Trade Setup

Risk:reward is 2:1. Stop loss at 161.5, take profit at 162.7.

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