Euro Yen (EUR/JPY) - 07/03/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

157,99. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in 156,50 / 159,20 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
158,25 - 159,20
Supports
157,75 - 157,00
updated 07 mars 2008 05:45 GMT +02:00

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