USDJPY-13:30 (CET)

By @ibtimes on

After hitting a daily low at 89.54, the pair rebounded and is now trading at 89.89 yens per dollar. The price is breaking the upper band of Bollinger, indicating a possible correction to the middle (89.90), while the RSI is around the overbought area. The pair is getting closer to the resistance at 90.00 yens per dollar, a zone of potential downwards rebound.

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