Pair has approached 61.8% of rise from low to 1.4719 (1.3243).
Still below 1.3822 and in Flag off 1.4719 (see graph): Support area at 1.3629 (broken daily Short Term Moving Average↓), with next levels at 1.3532 (break-up hourly + daily envelope bottom + reaction low hourly), ahead of 1.3500 (daily Long Term Moving Average↑): tough on 1st attempts.
If wrong, next levels at 1.3488/ .3461 (daily Bollinger bottom/ reaction low hourly), where pause favored.
Resistance at 1.3721 (today’s high?), with next levels at 1.3798 (yesterday high), where pause favored.
If wrong, next levels at 1.3837/ .3854 (breakdown daily/ daily Medium Term Moving Average↓ + daily envelope top): tough on 1st attempts.
USD/JPY: (91.16) Has met potential of channel break off 100.55
EUR/GBP: (.8992) Good correction off high
EUR/JPY: (124.55) Currently below 125.33
