EUR/JPY - Euro Yen, European Session - 13/05/08
161,24. EUR JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 160,00 / 163,00 range. We won’t take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 161,50 - 163,00
- Supports
- 160,20 - 158,75
This entry was posted on Tuesday, May 13th, 2008 at 7:54 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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