The pair continues with the short movement started on August 7th at 97.45 yens per dollar. A few moments ago, the pair tried to exit the sideways channel without success, trading at 89.97 yens per dollar. The bands of Bollinger show a 90 pips volatility, while the one hour RSI is in a neutral zone. In the medium term, we don't exclude a correction to the support at 88.15 yens per dollar, unless the pair finds a support at 88.70.
No comments:
Post a Comment