Drop from 1.4867 sent the pair back below daily Uptrendline off 2002 (1.3996 today), with new reaction low scored: Support area at 1.3459/ .3421 (today’s low?/ gap hourly), with next levels at 1.3382 (weekly Bollinger bottom), ahead of 1.3307 (daily envelope bottom), where pause favored.
If wrong on that call, risk towards 1.3258/ .3242 (new reaction low/weekly Starc bottom), ahead of 1.3222 (weekly envelope bottom): tough on 1st attempts, amid oversold readings and bullish divergences in the making.
Resistance at 1.3622/ .3637 (today’s high? + daily projection band top/ 23.6% 1.4867 to 1.3258), with next levels at 1.3694 (reaction high hourly) and 1.3784 (last week high + weekly envelope top): tough on 1st attempts.
USD/JPY: (100.03) New reaction low below channel off 110.67
EUR/GBP: (.7945) Back above channel top off .8187
EUR/JPY: (1345.28) Back below channel off 169.50
