USD/JPY - Dollar Yen, European Session - 03/07/09

03 July 2009 @ 01:49 am EDT

95,95. USD JPY is in a consolidation after the last bearish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The consolidation should continue. The price should find a support above 95,70 (25 pips).
Resistances
96,20 - 96,95
Supports
95,70 - 95,05

tags: Forex, usdjpy
author: Arnaud Jeulin
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