Drop from 1.3581 reapproached 1.3113 (neckline Double Top: see graph) and tested channel bottom off 1.2457 (see graph): now trying to regain the same pattern on daily charts (1.3273 today).
Support area at 1.3219/ .3201 (reaction low hourly/ break-up hourly), with next levels at 1.3180 (see graph: channel bottom off 1.2457), ahead of 1.3147/ .3137 (current week low/ daily envelope bottom) and 1.3113/ .3098 (see above/ 50% 1.2457 to 1.3739), where pause favored.
If wrong, next levels at 1.3076 (daily Long Term Moving Average↑), ahead of 1.3032 (break-up daily March 17): tough on 1st attempts.
Resistance at 1.3273/ .3309 (see above + today’s high?/ reaction high hourly with next levels at 1.3339 (breakdown hourly + daily envelope top + daily Short Term Moving Average↓) and 1.3360 (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: (100.04) New recovery high in channel off 93.52
EUR/GBP: (.9012) Below key area of .9156/ .9143
EUR/JPY: (132.53) New recovery high
