Exploded above channel off 1.3385 and has met 2nd target off 1.2991 (see graph: neckline Double Bottom) at 1.3525.
Support area at 1.3412 (daily envelope bottom), with next levels at 1.3349/ .3330 (break-up hourly/ previous recovery high + broken daily Bollinger top): ideal area to stay above to keep current short term mood intact on €.
1.3175/ .3131 = daily Short Term Moving Average↑/ break-up hourly: medium tem € positive while above.
Resistance at 1.3513/ .3532 (daily Starc top/ today’s + current week high?): tough on 1st attempts, with pair in short term overbought readings.
If wrong, 1.3588 = 50% 1.4719 to 1.2457.
USD/JPY: (95.40) Trying to extend below 95.65
EUR/GBP: (.94.73) .9507 = 2nd target off .9083/ .9072
EUR/JPY: (128.24) Tried to extend above channel top
