EUR/JPY - Euro Yen
Short term (Intraday)
157,00. EUR JPY is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The downtrend should continue to gather momentum. The price should find a support above 156,00 (100 pips).
- Resistances
- 157,35 - 158,00
- Supports
- 156,60 - 156,00
updated 03 mars 2008 05:51 GMT +02:00
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