Drop from 1.4867 sent the pair back below daily Uptrendline off 2002 (1.3996 today), with new reaction low scored: Support area at 1.3481 (reaction low hourly + daily envelope bottom), with next levels at 1.3465/ .3444 (weekly envelope bottom/ current new reaction low), where pause favored.
If wrong on that call, risk towards 1.3358/ .3320(weekly Starc bottom + Aug 2007 low/ 61.8% 2005 low to 1.6040): tough on 1st attempts, amid oversold readings and bullish divergences in the making.
Resistance at 1.3622 (reaction high hourly), with next levels at 1.3700 (daily envelope top), ahead of 1.3784 (current reaction high off 1.3444): tough on 1st attempts.
USD/JPY: (98.93) New reaction low below channel off 110.67
EUR/GBP: (.8027) Above channel top off .8187
EUR/JPY: (134.33) Back below channel off 169.50
