Pair still above daily channel off 1.4719 ( + see graph).
Support area at 1.2760 (reaction low hourly), with next levels at 1.2706/ .2690 (current week low/ daily Bollinger bottom + daily envelope bottom), where pause favored, amid oversold readings.
Resistance at 1.2858 (daily Short Term Moving Average→), with next levels at 1.2902 (daily envelope top), ahead of 1.2933/ .2962 (reaction high hourly/ daily Medium Term Moving Average→).
1.3034 = daily Bollinger midline, which managed to hold on recent recovery attempts.
USD/JPY: (90.91) Reversal Day at 87.10, with strong rebound having reapproached the daily breakdown area of Jan 06 (92.31)
EUR/GBP: (.8745) Approaching bottom of Long Term channel off .7694
EUR/JPY: (116.33) Reapproached broken channel bottom off 131.03
