USDJPY-11:05 (CET)

20 November 2009 @ 07:32 am EDT

After the BoJ decided to keep rates at 0.1% and announcing that the export and industry sectors are getting stronger, the yen climbed against the dollar, with a daily low at 88.70 (key support). The pair is now trading at 88.87 yens per dollar.The bands of Bollinger are narrowing, showing low volatility, while the RSI is on neutral ground.

The MACD shows selling signs, right now.

Copyright 2009, Advanced Currency Markets SA, Forex Broker, All Rights Reserved

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