Euro Yen (EUR/JPY) - 24/01/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

158,15. EUR JPY broke 157,00 resistance. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The uptrend should continue on 159,50 (130 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
158,30 - 159,50
Supports
157,00 - 155,00
updated 24 janv 2008 21:39 GMT +02:00

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