Pair could not sustain below 1.2527 and now above 1.2799 (see graph: neckline Double Bottom): Support area at 1.2869 (reaction low hourly + daily Short Term Moving Average↑), with next levels at 1.2836 (daily envelope bottom), ahead of 1.2819/ 1.2803 (reaction lows hourly).
1.2728 = daily Bollinger midline: ideal area to stay above to keep current short term better mood on €.
Failure to hold would see risk towards 1.2697/ .2640 (daily Medium Term Moving Average↑/ break-up daily): tough on 1st attempts.
Resistance at 1.2978 (reaction high hourly), with next levels at 1.3026/ 1.3044 (idem/ breakdown hourly), ahead of 1.3081/ .3086 (current week high/ daily envelope top + daily Bollinger top), where pause favored.
USD/JPY: (95.05) Currently trying to extend back below channel off 110.67
EUR/GBP: (.8402) In channel off .7694
EUR/JPY: (122.98) Rebound off 116.45 retested 125.98
