Currently back above redrawn Donwtrendline off 1.4719 (see graph).
Support area at 1.2851 (today’s low?), with next levels at 1.2811/ .2802 (current week low/ daily envelope bottom), ahead of 1.2767/ .2746 (reaction lows hourly + see graph: neckline Short Term Double Top?), where pause favored.
If wrong, next levels at 1.2716/ 1.2706 (daily Bollinger bottom/ Feb 02 low): tough on 1st attempts.
Resistance at 1.2958 (daily Medium Term Moving Average↓), with next levels at 1.2996 (daily Bollinger midline) and 1.3029 (daily envelope top), where pause favored.
If wrong, next levels at 1.3093/ .3100 (current week high/ breakdown daily Jan 26): tough on 1st attempts.
USD/JPY: (90.10) Reversal Day at 87.10, with strong rebound having retested the daily breakdown area of Jan 06 (92.31)
EUR/GBP: (.8950) Back in Long Term channel off .7694
EUR/JPY: (116.01) Retested broken channel bottom off 131.03
