Pair back below 1.2799 (see graph: neckline Double Bottom): Support area at 1.2582 (today’s low?), with next levels at 1.2565/ .2546 (reaction low hourly/ daily projection band bottom), where pause favored.
If wrong, next levels at 1.2487 (daily envelope bottom), ahead of 1.2422 (Nov 21 low): tough on 1st attempts.
Resistance at 1.2688 (reaction high hourly), with next levels at 1.2705 (daily envelope top + daily Bollinger midline), ahead of 1.2748 (daily Short Term Moving Average↓).
1.2802 = daily Long Term Moving Average↓, where pause favored.
USD/JPY: (93.13) Currently back below channel off 110.67
EUR/GBP: (.8485) In channel off .7694
EUR/JPY: (117.60) Rebound off 116.45 retested 125.98
