After the crude decline, the pair weakened 287 pips so far, to trade at 148.75 yens per pound. We're paying attention to the RSI, which is oversold, while the bands of Bollinger show a 200 pips volatility in the hour.If we make a five minutes candles analysis, we can see that if the pair climbs, the 23.60% fibo, marked from 151.16 to 148.31 could act as a resistance, while on the downside traders will focus on the support at 148.35 yens per pound.

/