EUR/JPY - Euro Yen
Short term (Intraday)
158,58. EUR JPY is in an uptrend supported by 1H exponential moving averages. EUR JPY is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 159,00. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 159,00 - 159,30
- Supports
- 158,25 - 158,00
updated 20 févr 2008 06:20 GMT +02:00
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