Euro Yen (EUR/JPY) - 04/03/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

156,99. EUR JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 156,00. The consolidation should continue. If the support is broken then the target will be 154,00 (300 pips).

Resistances
157,60 - 158,10
Supports
156,90 - 156,30
updated 04 mars 2008 05:45 GMT +02:00

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