
Drop from 1.4753 retested the broken inverted channel topoff 1.4015 (see graph).
1st Support area at 1.4522/ .4520 (today’s low?/ daily Medium Term Moving Average↑), with next levels at 1.4483 (daily envelope bottom), ahead of 1.4439/ .4423 (daily channel bottom off 1.3358/ 23.6% 1.3358 to 1.4753): ideal area to stay above to keep current Medium Term upbias intact for €..
Resistance at 1.4618/ .4624 (daily envelope top+ broken daily Short Term Moving Average↑/ breakdown hourly), with next levels at 1.4708 (weekly Bollinger top), ahead of 1.4753 (new high), where downwards reaction favored.
USD/JPY: (110.05) New reaction low off 117.95 and below channel
EUR/GBP: (.7061) New year high on break above broadening pattern off .7007
EUR/JPY: (160.39) The daily Uptrendline off 2006 low has been broken and stands today at 162.48







