USD/JPY - Dollar Yen, American Session - 05/05/09

  @ibtimes on May 05 2009 5:24 AM

98,88. USD JPY is in a consolidation after the last bullish movement. USD JPY is in a range between 98,50 and 99,60. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands.

Resistances
99,20 - 99,60
Supports
98,50 - 98,20

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