The pair is, once again, closing on 88.00 yens per dollar. The perspectives for the rest of the day are for a decline of the pair, as the BoJ is not expected to intervene to brake its currency appreciation.Pay attention to the 88.00 break. If that happens, the pair could move towards 87.70. According to the bands of Bollinger, the pair has a 60 pips volatility in the hour, while the RSI is in a neutral zone. According to the MACD, the pair is giving signs of overbuying, so a new correction is very possible.

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