Dollar Yen (USD/CHF) - 26/02/2008 - Archive

USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

107,92. USD JPY is in a consolidation after the last bullish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 106,80 / 108,50 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
108,20 - 108,50
Supports
107,80 - 107,60
updated 26 févr 2008 06:33 GMT +02:00

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