EUR/JPY at Critical Level — Short Setup Forming

EUR/JPYShortIntraday3h ago4 views

Trade Setup

Entry Price

162.0000

Stop Loss

163.2000

Take Profit

159.7000

Risk : Reward

1 : 1.92

RiskReward

Technical Analysis

Key support at 160.99 is holding. Resistance at 162.44 is the target.

Fundamental Context

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

Trade Setup

Risk:reward is 2:1. Stop loss at 163.2, take profit at 159.7.

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