Exploded above 1.2991 (see graph: neckline Double Bottom).
Drop from 1.3739 has reapproached the broken daily Downtrendline off high (1.3388 today).
Support area at 1.3524 (today’s low? + daily projection band bottom), with next levels at 1.3492 (reaction low hourly), ahead of 1.3416/ .3412 (current week low/ weekly + daily envelope bottoms) and 1.3388 (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 + daily Medium Term Moving Average↑): tough on 1st attempts.
Resistance at 1.3628/ .3649 (daily envelope top/ reaction high hourly), with next levels at 1.3677 (reaction highs hourly), where pause favored.
If wrong, next levels at 1.3735/ .3739 (current week high/ current recovery high off 1.2457), ahead of 1.3838/ .3854 (200 Day Moving Average↓/ 61.8% 1.4719 to 1.2457): tough on 1st attempts, with pair in short term overbought readings.
USD/JPY: (98.36) Back above 95.65
EUR/GBP: (.9370) Broken channel top managed to hold on correction
EUR/JPY: (133.45) New long term recovery high on move above channel top
