Weekly EUR/JPY Outlook: Short Opportunity
EUR/JPYShortIntraday3h ago2 views
Trade Setup
Entry Price
163.0000
Stop Loss
164.3000
Take Profit
160.4000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
EUR/JPY has formed a strong ascending triangle on the 1-hour chart. Entry near 163 with stop below 164.3.
Fundamental Context
Fundamental catalysts align with the technical picture here. EUR/JPY has room to move.
Trade Setup
Risk:reward is 2:1. Stop loss at 164.3, take profit at 160.4.
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