Retested inverted channel bottom off 1.3385 held (see graph).
Support area at 1.2526 (reaction low hourly), with next levels at 1.2478/ .2469 (yesterday low/ daily envelope bottom), ahead of 1.2457/ .2450 (current week low / daily Bollinger bottom + 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 (long term reaction low off high): tough on 1st attempts.
Resistance at 1.2622/ .2626 (reaction high hourly/ daily envelope top), with next levels at 1.2662/ .2677 (daily Short Medium Moving Average→/ current week high + see graph: neckline Double Bottom?), ahead of 1.2725 (daily Bollinger midline): tough on 1st attempts.
USD/JPY: (98.23) In channel off 87.10
EUR/GBP: (.8879) Currently back below Long Term channel off .7694
EUR/JPY: (123.72) Exploded above 119.61
