Drop from 1.3581 puts the pair below 1.3113 (neckline Triple Top: see graph), with daily Bollinger bottom at 1.2883 today.
Support area at 1.2888/ .2883 (current week low/ daily Bollinger bottom), with next levels at 1.2835/ .2816 (1st target off 1.3113/ daily envelope bottom), where pause favored.
If wrong, risk towards 1.2764/ .2759 (weekly envelope bottom/ 76.4% 1.2457 to 1.3739): tough on 1st attempts, amid oversold readings.
Resistance at 1.2964 (daily envelope top), with next levels at 1.2993/ .2998 (reaction high hourly/daily Short Term Moving Average↓).
1.3162/ .3192 = daily Medium Term Moving Average↓/ broken daily Long Term Moving Average↑: must sustain back above to signal turn for the better for € .
USD/JPY: (98.20) Currently below channel bottom off year low
EUR/GBP: (.8839) Failed to recapture channel off .9490
EUR/JPY: (127.00) Below Uptrendline off 113.09
