Euro Yen (EUR/JPY) - 20/02/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

158,25. 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 rises. Bollinger bands are deviated. Oscillators are neutral. 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
158,80 - 159,00
Supports
158,00 - 157,30
updated 20 févr 2008 13:36 GMT +02:00

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