Dollar Yen (USD/CHF) - 03/03/2008 - Archive

USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

103,56. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 103,70. The downtrend should continue to gather momentum. The target is expected at 102,00.

Resistances
103,70 - 104,15
Supports
103,00 - 102,60
updated 03 mars 2008 22:25 GMT +02:00

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