Rebound off 1.2764 puts pair currently above channel off 1.4719 (see graph), with potential off 1.3030 having been met (see graph).
Support area at 1.3083 (today’s low?), with next levels at 1.3062 (daily envelope bottom) and 1.3021 (break-up hourly): ideal area to stay above to keep current better mood on €.
Resistance at 1.3177 (reaction high hourly), with next levels at 1.3221 (breakdown hourly), ahead of 1.3278 (daily Bollinger midline ) and 1.3307/ .3330 (daily envelope top + daily projection band top / current recovery high off 1.2764): tough on 1st attempts.
If wrong, next level at 1.3385 (Jan 19 high), where pause favored.
USD/JPY: (89.91) New reaction low reapproached broken channel off 100.55
EUR/GBP: (.9271) Back in Long Term channel off .7694
EUR/JPY: (117.97) Strong rebound off new reaction low
