Euro Yen (EUR/JPY) - 29/04/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

161,83. EUR JPY broke 162,80 support. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR JPY. The downtrend should continue to gather momentum. The target is expected at 159,00. The price should find a support above 161,50.

Resistances
162,60 - 162,80
Supports
161,50 - 160,00
updated 29 avr 2008 12:46 GMT +02:00