Trading EUR/JPY: Long Entry Near 162.4

EUR/JPYLongIntraday3h ago3 views

Trade Setup

Entry Price

162.4000

Stop Loss

161.5000

Take Profit

164.3000

Risk : Reward

1 : 2.11

RiskReward

Technical Analysis

Key support at 162 is holding. Resistance at 163.18 is the target.

Fundamental Context

Fundamental catalysts align with the technical picture here. EUR/JPY has room to move.

Trade Setup

Entry at 162.4 with stop at 161.5 gives a clean 2:1 ratio. Target: 164.3.

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