Exploded above 1.2991 (see graph: neckline Double Bottom).
Drop from 1.3739 has reapproached the broken daily Downtrendline off high (1.3403 today).
Support area at 1.3518/ .3503 (break-up hourly/ daily projection band bottom), with next levels at 1.3446 (daily envelope bottom), ahead of 13412/ .3403 (weekly envelope bottom/ see above): 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): tough on 1st attempts.
Resistance at 1.3649 (yesterday high), with next levels at 1.3677 (reaction highs hourly), ahead of 1.3698 (daily envelope top), where pause favored.
If wrong, next levels at 1.3735/ .3739 (current week high/ current recovery high off 1.2457) and 1.3854/ .3866 (61.8% 1.4719 to 1.2457 + 200 Day Moving Average↓/ daily Bollinger top): tough on 1st attempts, with pair in short term overbought readings.
USD/JPY: (97.77) Back above 95.65
EUR/GBP: (.9307) Broken channel top managed to hold on correction
EUR/JPY: (132.87) New long term recovery high on move above channel top
