Euro / Japanese Yen
Short
Updated

EUR/JPY forecast

53
๐Ÿšจ **EUR/JPY Trade Setup**
๐Ÿ“… *Date:* April 24, 2025
๐Ÿ’ฐ *Pair:* EUR/JPY
๐Ÿ“Š *Timeframe:* M3/ M5

**Current Price:** 162.778
๐Ÿ“ **Sell Limit:** 162.917
๐Ÿ›‘ **Stop Loss:** 162.969
๐ŸŽฏ **Setup Status:** Pending Execution

Weโ€™re waiting for **EUR/JPY** to pull back into the **162.917** supply zone to activate our **sell limit**. Stop loss is tight at 162.969, maintaining minimal risk on this setup.

๐Ÿ“‰ *Bias:* Bearish
If price taps the entry and rejects, we expect a downside move targeting lower intraday liquidity zones.

๐Ÿ”‘ **Key Levels to Watch:**

* **Entry Zone:** 162.917
* **SL:** 162.969
* **Reaction Zone:** Watching lower timeframes for confirmation after entry
Trade active
๐Ÿ•’ Upcoming News (10 min):
๐Ÿ‡ช๐Ÿ‡บ EU Trade Balance (Mar)
๐Ÿ“Š Forecast: 17.5B | Previous: 24.0B

Weโ€™re anticipating high-impact EUR news shortly. It could trigger strong bearish pressure on EUR/JPY โ€” aligning perfectly with our short setup.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.