Correction from 1.4968 puts the pair back in the channel off 1.4015 (see graph) and currently below daiy channel bottom off 1.3358 (1.4701 today): 1st Support area at 1.4643 (Short Term reaction low hourly), with next levels at 1.4620 (current reaction low off 1.4968), ahead of 1.4613/ .02 (daily/ weekly projection band bottoms) and 1.4588/ .4586 (23.6% 1.3358 to 1.4968/ daily envelope bottom): tough on 1st attempts.
Resistance at 1.4711/ .4720 (daily envelope top + daily Short Term Moving Average↓/ breakdown hourly), with next levels at 1.4763 (broken daily Medium Term Moving Average↑): must sustain back above to call end of current alert: suspect difficult on 1st attempts.
USD/JPY: (110.18) Back in channel off 117.95
EUR/GBP: (.7106) Back in Flag off .7216
EUR/JPY: (161.70) Has met targets off 161.48
