Back below elow the neckline of short term Double Top (1.2746) and near inverted channel bottom off 1.3385 (see graph)/ daily Bollinger bottom (1.2504 today).
Support area at 1.2538 (daily envelope bottom), with next levels at 1.2513/ .2504 (current week low/ daily Bollinger bottom), where pause favored, amid overextended readings.
If wrong, next levels at 1.2465 (daily projection band bottom), ahead of 1.2432/ .2423 (long term daily Fibonacci Fan line/1st target off 1.2746) and 1.2399 (2nd target): tough on 1st attempts.
Resistance at 1.2648 (breakdown hourly), with next levels at 1.2692 (reaction high hourly), ahead of 1.2759/ .2785 (current reaction high off 1.2513/ daily Medium Term Moving Average↓), where pause favored.
If wrong, next level at 1.2865 (daily Bollinger midline), which played Resistance role in recent corrective upside attempts): tough on 1st attempts.
USD/JPY: (94.08) Near Flag top off 87.10
EUR/GBP: (.8850) Trying to extend back below Long Term channel off .7694
EUR/JPY: (118.60) Currently back in channel off 131.03
