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EUR/JPY

Fri, Feb 29 2008, 17:01 GMT
by Tatsuya Kawanishi

FXstreet.com


The EUR/JPY ( daily chart ) touched the upper band once and now has moved down below the 200 EMA ( green line) towards to the 157.00 region. The pair seems have further bearish momentum so far. The 157.12 would be a good support line. If the pair breaks it, the 156.00 region and the 155.00 region where the lower band is currently staying could be considered.



EUR/JPY  chart


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