Exploded above 1.2991 (see graph: neckline Double Bottom).
Drop from 1.3739 is reapproaching the broken daily Downtrendline off high (1.3423 today).
Support area at 1.3430/ .3423 (current week low/ see above + daily projection band bottom), ahead of 1.3416/ .3412 (reaction lows hourly/ weekly envelope bottom): ideal area to stay above to keep current medium term mood intact on €..
Failure to hold would see risk towards 1.3349/ .3330 (break-up hourly/ previous reaction high + daily envelope bottom): tough on 1st attempts.
Resistance at 1.3560 (daily Short Term Moving Average→), with next levels at 1.3640/ .3644 (daily envelope top/ breakdown hourly), ahead of 1.3735/ .3739 (current week high/ current recovery high off 1.2457) and 1.3771 (daily Bollinger top): tough on 1st attempts, with pair in short term overbought readings.
USD/JPY: (97.65) Back above 95.65
EUR/GBP: (.9182) Drop from .9490 reapproached broken channel top
EUR/JPY: (131.49) New long term recovery high on move above channel top
