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

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

160,26. EUR JPY broke 159,40 resistance. EUR JPY is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The uptrend should continue on 161,00 resistance.

Resistances
160,40 - 161,00
Supports
159,60 - 159,40
updated 25 févr 2008 21:59 GMT +02:00

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