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 (1.3426 today).
Support area at 1.3149/ .3145 (daily Long Term Moving Average↑ + daily envelope bottom/ reaction low hourly), with next levels at 1.3125 (current week low), where pause favored.
If wrong, next levels at 1.3090 (last week low), ahead of 1.3057/ 1.3032 (daily Bollinger bottom/ break-up daily March 17): tough on 1st attempts.
Resistance at 1.3288/ .3296 (daily Medium Term Moving Average↓/ reaction high hourly), with next levels at 1.3334/ .3351 (daily envelope top + breakdown hourly/ daily Bollinger midline), ahead of 1.3391 (current reaction high off 1.3090) and 1.3426 (see above), where pause favored.
USD/JPY: (98.96) Retested channel bottom off year low
EUR/GBP: (.8809) Has met last target off .9156/ .9143
EUR/JPY: (130.72) Trying to extend below 130.95
