Euro Yen (EUR/JPY) - 25/02/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

159,12. EUR JPY is in an uptrend supported by 4H exponential moving averages. EUR JPY is in a consolidation after the last bullish movement. EUR JPY is in a range between 158,00 and 159,40. The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should find a resistance below 159,40. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
159,40 - 159,65
Supports
158,90 - 158,00
updated 25 févr 2008 05:50 GMT +02:00

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