EUR/JPY - Euro Yen, American Session - 20/07/09

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134,40. EUR JPY is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should consolidate.

Resistances
134,75 - 135,70
Supports
133,40 - 131,65

tags: Forex, eurjpy
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.

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