USD/JPY - Dollar Yen
Short term (Intraday)
108,02. USD JPY broke 107,70 resistance. USD JPY is in a consolidation after the last bullish movement. USD JPY is in a range between 107,70 and 108,60. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 108,60 / 108,80. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 108,15 - 108,60
- Supports
- 107,80 - 107,50
updated 15 févr 2008 05:53 GMT +02:00
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