Euro Yen (EUR/JPY) - 19/03/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

155,84. EUR JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should find a resistance below 157,00. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
157,00 - 159,00
Supports
155,00 - 153,60
updated 19 mars 2008 06:20 GMT +02:00

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