In channel off 1.3385 and has met last target off 1.2677 (see graph:1.2897), with daily Bollinger top being tested (1.2923 today).
Support area at 1.2883 (reaction low hourly), with next levels at 1.2817 (daily envelope bottom), ahead of 1.2782 (daily Short Term Moving Average↑) and 1.2692 (daily Bollinger midline + daily Medium Term Moving Average↑), where pause favored.
Medium Term: 1.2457 = last week low + daily Fibonacci Fan Line, where pause favored: tough on 1st attempts.
Resistance at 1.2923/ .2945 (daily Bollinger top/ current week high), with next levels at 1.2980/ .2991 (daily projection band top + see graph: channel top/ neckline of Double Bottom: see graph: idem on daily charts), where pause favored.
If wrong, 1.3039 = daily envelope top, ahead of 1.3093 = Feb 09 high: tough on 1st attempts.
USD/JPY: (97.73) In Flag off 99.69
EUR/GBP: (.9274) Above .9083/ .9072
EUR/JPY: (126.30) Exploded above 119.61
