Dollar Yen (USD/CHF) - 22/01/2008 - Archive

USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

106,18. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 106,50. The downtrend should continue to gather momentum. The target is expected at 104,50 (170 pips).

Resistances
106,50 - 106,75
Supports
106,00 - 105,70
updated 22 janv 2008 12:36 GMT +02:00

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