Euro Yen (EUR/JPY) - 13/03/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

156,87. EUR JPY is in a range between 155,60 and 159,00. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in Bollinger bands. The price should find a support above 155,60. If the support is broken then the target will be 152,00. We won't take a position.

Resistances
157,70 - 159,00
Supports
156,50 - 155,60
updated 13 mars 2008 22:12 GMT +02:00

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