Rebound 1.2746 now toying with redrawn Donwtrendline off 1.4719 (see graph).
Support area at 1.2900/ .2882 (daily Short Term Moving Average↑/ break-up hourly), with next levels at 1.2811 (daily envelope bottom), ahead of 1.2767/ .2746 (reaction lows hourly), where pause favored.
Resistance at 1.2965/ .2992 (daily Medium Term Moving Average↓/ today’s high?), with next levels at 1.3020/ .3031 (daily Bollinger midline, which managed to hold on recent recovery attempts/ daily envelope top) and 1.3069 (see graph), where pause favored.
USD/JPY: (91.20) Reversal Day at 87.10, with strong rebound having retested the daily breakdown area of Jan 06 (92.31)
EUR/GBP: (.8778) Tested bottom of Long Term channel off .7694
EUR/JPY: (117.86) Retested broken channel bottom off 131.03
