Euro Yen (EUR/JPY) - 28/02/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

160,08. 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. Oscillators are neutral. The consolidation should continue. The price should find a support above 159,80. If the support is broken then the target will be 159,00. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
160,40 - 161,00
Supports
159,80 - 159,00
updated 28 févr 2008 21:52 GMT +02:00

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