Dollar Yen (USD/CHF) - 07/05/2008 - Archive

USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

104,77. USD JPY is in an uptrend supported by 4H exponential moving averages. USD JPY is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
105,00 - 105,70
Supports
104,65 - 104,15
updated 07 mai 2008 05:50 GMT +02:00

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