
Retested inverted channel bottom off 1.3385 held (see graph) and daily Bollinger bottom (1.2463 today).
Support area at 1.2459/ .2450 (today’s low? + daily envelope bottom/ daily Fibonacci Fan Line), ahead of 1.2394/ .2375 (daily projection band bottom/ weekly envelope bottom), where pause favored.
If wrong, next levels at 1.2331 (reaction low off high), ahead of 1.2241 (daily Starc bottom): tough on 1st attempts.
Resistance at 1.2525 (breakdown hourly), with next levels at 1.2596/ 1.2608 (reaction high hourly/ daily envelope top + daily Short Term Moving Average↓), ahead of 1.2668/ .2677 (daily Medium Term Moving Average↓/ current week high): tough on 1st attempts.
USD/JPY: (98.39) Above 94.65
EUR/GBP: (.8921) Currently back below Long Term channel off .7694
EUR/JPY: (123.03) Exploded above 119.61







