EUR/JPY: Intraday Short Opportunity as 162.28 Holds Firm

EUR/JPYShortIntraday1w ago7 views

Trade Setup

Entry Price

162.2000

Stop Loss

162.3000

Take Profit

162.0000

Risk : Reward

1 : 2.00

RiskReward

Current Market Read & Technical Outlook


Good morning, KoraFX community. My focus today is on EUR/JPY, which is currently trading around 162.23. Looking at the charts, we are clearly in a sideways trend, confined within a tight intraday range. The day's high so far has been 162.28, which aligns precisely with our immediate resistance level. We saw the pair attempt to push higher this morning

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