Rebound off 1.3113 broke above the daily Downtrendline off high (1.3308 today), highlighting Double Bottom off 1.3342 (see graph), with 2nd target of pattern having been met (1.3571).
Support area at 1.3513/ .3493 (today’s low?/ gap hourly), with next levels at 1.3447 (break-up hourly),ahead of 1.3417 (daily envelope bottom) and 1.3397/ .3385 (daily Short Term Moving Average↑/ weekly envelope bottom): ideal area to stay above to keep current short term mood intact on €..
Resistance at 1.3581 (today’s high? + daily projection band top), with next levels at 1.3591/ .3596 (long term reaction high hourly + 76.4% 1.3739 to 1.3113/ daily envelope top), where pause favored.
If wrong, next level at 1.3676 (daily Stop And Reverse): tough on 1st attempts.
USD/JPY: (100.86) New recovery high in channel off 93.52
EUR/GBP: (.9081) Below key area of .9156/ .9143
EUR/JPY: (136.75) New recovery high
