Rebound from 1.5302 extended to a new recovery high, with pair currently toying back with channel bottom (see graph): 1st Support area at 1.5888/ .5884 (daily envelope bottom/ current reaction low off 1.5970), with next levels at 1.5822 (weekly envelope bottom), ahead of 1.5808/ .5800 (daily Short Term Moving Average↑/ break-up daily July 10) and 1.5779 (daily Medium Term Moving Average↑/ tough on 1st attempts.
Resistance at 1.5958/ .5970 (daily Bollinger top/ today’s high?): suspect tough on 1st attempts. If wrong, next levels at 1.5992 (weekly Bollinger top), ahead of 1.6020/ .6042 (new high + daily envelope top/ daily Starc top), where reaction favored to set in.
USD/JPY: (106.44) Retested broken Weekly Uptrendline off .9577
EUR/GBP: (.8007) Double Bottom off .7955
EUR/JPY: (169.25) New historic high in channel off 158.58
