
Retested inverted channel bottom off 1.3385: currently trying to extend back above 1.2667 (see graph).
Support area at 1.2602 (break-up hourly), with next levels at 1.2551 (current week low), ahead of 1.2528 (daily envelope bottom) and 1.2480/ .2475 (weekly envelope bottom/ daily Bollinger bottom).
1.2457 = last week low + daily Fibonacci Fan Line, where pause favored.
Resistance at 1.2717/ .2727 (daily envelope top/ current week high), with next levels at 1.2753 (March 06 high) and 1.2807/ .2840 (daily Long Term Moving Average↓/ weekly envelope top): tough on 1st attempts.
USD/JPY: (98.86) In channel off 87.10
EUR/GBP: (.9178) Currently above .9083/ .9072
EUR/JPY: (125.42) Exploded above 119.61







