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USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

106,50. USD JPY made a false break and continues the actual trend.. USD JPY is in a range between 106,00 and 107,00. The volatility is high. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The price should find a support above 105,80 / 106,00 (50 pips). If the support is broken then the target will be 104,50.

Resistances
107,00 - 107,75
Supports
106,40 - 106,00
updated 06 févr 2008 05:50 GMT +02:00

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