03.21.08
USD/JPY - European Session - 21/03/08
99,68. USD/JPY currency pair is in an downtrend directed by 4H exponential moving averages. USD/JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Trend Indicator) is in a bearish configuration. The price should find a resistance below 100,00. The consolidation should continue.
Resistances 100,00 - 101,10
Supports 99,00 - 98,50
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Forex » USD/JPY - European Session - 21/03/08 said,
March 21, 2008 at 8:50 am
[...] TopForex.info wrote an interesting post today onHere’s a quick excerpt 99,68. USD/JPY currency pair is in an downtrend directed by 4H exponential moving averages. USD/JPY is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Trend Indicator) is in a bearish configuration. The price should find a resistance below 100,00. The consolidation should continue. Resistances 100,00 - 101,10 Supports 99,00 - 98,50 [...]