Rebound from 1.4525 puts the pair above the bullish Flag from 1.4968 (see graph) but it is still below the daily channel bottom off 1.3358 (1.4797 today): 1st Support area at 1.4647/ .4640 (daily long Term Moving Average / current week low), with next levels at 1.4607/ .4598 (daily envelope bottom/ Short Term reaction low hourly), ahead of 1.4567/ .4542 = broken daily Bullish Flag top from 1.4968/ daily Bollinger bottom: ideal area to stay above to keep current upside attempts open.
Resistance at 1.4712 (daily Medium Term Moving Average↓), with next levels at 1.4727/ .30 (daily envelope top + daily Bollinger midline/ daily projection band top), ahead of 1.4750/ .4770 (yesterday high/ last week high).
1.4797/ .4812 = see above/ weekly envelope top: must sustain back above to signal stronger bullish pressures on €: suspect difficult on 1st attempts.
USD/JPY: (111.07) Toying back with neckline of inverted Head&Shoulders Bottom
EUR/GBP: (.7201) Above bullish Flag off .7216
EUR/JPY: (163.00) Failed to extend above 164.32
