» EUR/JPY - Euro Yen, European Session - 27/03/08

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EUR/JPY - Euro Yen, European Session - 27/03/08

156,38. EUR 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
156,70 - 157,35
Supports
155,70 - 154,90

Arnaud Jeulin

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This entry was posted on Thursday, March 27th, 2008 at 6:48 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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