EURJPY-13:55 (CET)

By IBTimes Staff Reporter | November 09 2009 8:24 AM

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During today's session, the pair rebounded 105 pips and is now trading at 134.87 yens per euro. The bands of Bollinger show a volatility of30 pips in the hour, while the RSI is on neutral ground. The stochastic could give selling signs within the hour, which would indicate a possible downwards correction. If that happens, the 50-day MAcould act as a support (134.79).

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