Retested inverted channel bottom off 1.3385 held (see graph).
Support area at 1.2545 (daily envelope bottom), ahead of 1.2472 (daily Bollinger bottom) and 1.2457/ .2450 (current week low/ daily Fibonacci Fan Line + daily projection band bottom), where pause favored.
If wrong, next levels at 1.2375 (weekly envelope bottom), ahead of 1.2331 (reaction low off high): tough on 1st attempts.
Resistance at 1.2667/ .2677 (daily Short Medium Moving Average↓/ current week high + see graph: neckline Double Bottom), ahead of 1.2690 (daily envelope top) and 1.2744 (daily Bollinger midline): tough on 1st attempts.
USD/JPY: (99.30) In channel off 87.10
EUR/GBP: (.8909) Currently back below Long Term channel off .7694
EUR/JPY: (125.04) Exploded above 119.61








