Drop from 1.3581 puts the pair currently back below the daily Downtrendline off high (1.3279 today), with 1.3113 being reapproached (neckline Double Top: see graph) and daily Uptrendline off 1.2457 under threat (1.3246 today).
Support area at 1.3150 (see graph: channel bottom off 1.2457), with next levels at 1.3113/ .3098 (see above/ 50% 1.2457 to 1.3739), where pause favored.
If wrong, next levels at 1.3063/ .3032 (daily Long Term Moving Average↑/ break-up daily March 17): tough on 1st attempts.
Resistance at 1.3279/ .3283 (see above/ today’s high?), with next levels at 1.3364/ .3385 (daily Short Term Moving Average↓/ daily envelope top+ daily Medium Term Moving Average↓), where pause favored.
If wrong, next levels at 1.3425/ .3447 (reaction high hourly/ breakdown hourly): tough on 1st attempts.
USD/JPY: (100.12) New recovery high in channel off 93.52
EUR/GBP: (.8970) Below key area of .9156/ .9143
EUR/JPY: (131.90) New recovery high
