next report should be on Dec 04
Reapproaching the broken channel top off 1.4015 (see graph): 1st Support area at 1.4712/ .05 (current reaction low off 1.4968/ daily Bollinger midline), ahead of 1.4665/ .4661 (daily channel bottom off 1.3358/ daily envelope bottom): ideal area to stay above to keep current Medium Term upbias intact.
Failure to do so would see risk towards 1.4628/ .17 (daily Starc bottom/ previous reaction low hourly).
Resistance at 1.4791/ .4802 (daily envelope top/ daily Short Term Moving Average↓), with next levels at 1.4844/ .58 (Short Term reaction highs hourly), ahead of 1.4908 (current week high).
1.4942/ .68 = daily Bollinger top/ new high: suspect difficult on 1st attempts.
USD/JPY: (110.26) Back in channel off 117.95
EUR/GBP: (.7150) Back in Flag off .7216
EUR/JPY: (162.55) Has met targets off 161.48
