The pair is trying to break the support at 89.50 but no success, consolidating on the 50 days MA. Right now, it's trading at 89.54 yens per dollar. The yen's strength comes after the greater than expected Japanese GDP. The price is breaking the lower band of Bollinger, hinting a possible correction to the middle band. The 14 period RSIwith one hour candles is on a neutral zone. The next resistance is at 89.56, while the support is found at 89.30 yens per dollar.
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