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June 24, 2008

EUR/JPY – American Session – 24/06/08

Posted in: Currency, Forex, Forex Calendar, Forex Income, Forex Indicator, Forex Info, Forex News, Forex Signal

Short term (Intraday)

167,66. EUR/JPY currency pair is in a range between 166,80 and 168,00. EUR/JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H, daily (Trend Indicator) is in a bullish configuration. The price should continue to move in 166,80 / 168,00 range.

Resistances 167,85 – 168,00
Supports 167,35 – 166,80

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