Drop from 1.3581 retested 1.3113 (neckline Double Top: see graph), with rebound off 1.3090 having failed to recapture the broken daily channel bottom off 1.2457 (1.3402 today).
Support area at 1.3219 (break-up hourly), with next levels at 1.3179/ .3171 (reaction low hourly/ daily envelope bottom), ahead of 1.3134/ .3125 (daily Long Term Moving Average↑/ current week low), where pause favored.
If wrong, next levels at 1.3090 (last week low), ahead of 1.3032 (break-up daily March 17): tough on 1st attempts.
Resistance at 1.3274/ .3289 (today’s high?/ daily Medium Term Moving Average↓), with next levels at 1.3334/ .3351 (breakdown hourly/ daily envelope top), ahead of 1.3391/ .3402 (current reaction high off 13090/ see above), where pause favored.
USD/JPY: (98.31) Testing channel bottom off year low
EUR/GBP: (.8904) Below key area of .9156/ .9143
EUR/JPY: (130.50) Trying to extend below 130.95
