Exploded above 1.2991 (see graph: neckline Double Bottom), but drop now highlighting Double Top off 1.3416 and currently back below the daily Downtrendline off high (1.3365 today).
Support area at 1.3197 (break-up hourly), with next levels at 1.3151 (daily projection band bottom), ahead of 1.3122/ .3113 (daily Bollinger midline/ current week low), where pause favored.
Failure to hold would see risk towards 1.3098/ .3093 (50% 1.2457 to 1.3739/ weekly envelope bottom + 2nd target off 1.3416): tough on 1st attempts.
Resistance at 1.3285/ .3288 (current week high/ daily envelope top), with next levels at 1.3353/ .3371 (broken daily Medium Term Moving Average↑/ daily Short Term Moving Average↓), where pause favored.
If wrong, next levels at 1.3416/ .3426 (see graph/ 50% 1.3739 to 1.3113): tough on 1st attempts.
USD/JPY: (98.22) Back in channel off year low
EUR/GBP: (.9257) Broken channel top managed to hold on correction
EUR/JPY: (130.10) Double Top off 130.74
