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USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

102,36. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. USD JPY is in a range between 101,41 and 103,50. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The target is expected at 100,00. The price should find a support above 101,40.

Resistances
102,80 - 103,50
Supports
102,25 - 101,40
updated 12 mars 2008 13:55 GMT +02:00

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