Euro Yen (EUR/JPY) - 17/03/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

153,55. EUR JPY broke 155,60 support. 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 price should find a support above 152,00. If the support is broken then the target will be 140,00.

Resistances
154,00 - 155,20
Supports
153,00 - 152,00
updated 17 mars 2008 05:58 GMT +02:00

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