The pair is rebounding on the double floor at 1.4750 after the CPI data of Germany. The pair is now trading at 1.4781 dollars per euro. The bands of Bollinger show a 60 pips volatility in the hour, while the RSI is on neutral ground. Both the Stochastic and RSI show selling signs.

If we Analise the one month reference chart with one hour candles, we can see how the pair left the large movement started on October 2nd, in which offered us a fantastic rally of 650 pips.

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