Dollar Yen (USD/CHF) - 05/02/2008 - Archive

USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

107,58. USD JPY broke 107,00 resistance. USD JPY is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD JPY. The price should find a support above 107,30. The uptrend should continue to gather momentum. The target is expected at 109,00 (150 pips).

Resistances
107,75 - 108,00
Supports
107,30 - 107,00
updated 05 févr 2008 13:36 GMT +02:00

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