EUR/JPY Intraday Short: Targeting Resistance Rejection in a Sideways Market

Technical Outlook: High Probability Zone for a Short

Good morning, KoraFX community. My focus today is on EUR/JPY, which is currently trading around 162.13. Looking at the intraday charts, price action has been quite contained within the day range of 162.02 to 162.24, confirming the broader sideways trend we've observed.
My analysis suggests a compelling opportunity for an intraday short trade. We are seeing price approach the upper bound of this daily range, with significant resistance identified at 162.24. The plan is to initiate a short position at 162