Euro Yen (EUR/JPY) - 05/05/2008 - Archive

EUR/JPY - Euro Yen

EUR/JPY - Euro Yen

Short term (Intraday)

162,68. EUR JPY is in a range between 161,00 and 163,00. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 161,00 / 163,00 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
163,00 - 163,85
Supports
162,20 - 161,80
updated 05 mai 2008 13:38 GMT +02:00

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