Pair in channel off 1.4719, with daily Bollinger bottom having been tested (1.3209 today).
Support area at 1.3227 (break-up hourly), with next levels at 1.3171 (today’s low?), ahead of 1.3140 (current reaction low off 1.4719): tough on 1st attempts.
If wrong, next levels at 1.3070 (break-up daily Dec 10), ahead of 1.3012 (daily envelope bottom), where pause favored, amid oversold readings.
Resistance at 1.3310 (today’s high?), with next levels at 1.3354 (breakdown hourly), ahead of 1.3399/ .3412 (daily Short Term Moving Average↓/ breakdown daily), where pause favored.
If wrong, next levels at 1.3523 at (broken daily Long Term Moving Average↑), ahead of 1.3633 (daily Medium Term Moving Average↓): tough on 1st attempts.
USD/JPY: (89.75) Reapproached broken channel top off 100.55
EUR/GBP: (.9104) Testing Flag top off high
EUR/JPY: (119.46) Has met targets off 125.33
