Hourly Break-up area of 1.2966 was retested and triggered sharp rebound, sending the pair testing the daily Downtrendline off 1.3739 (1.3318 today).
Support area at 1.3270 (reaction low hourly), with next levels at 1.3243 (daily Short Term Moving Average↑), ahead of 1.3197 (daily envelope bottom) and 1.3130 (daily Medium Term Moving Average→): ideal area to stay above to keep current € bid tone.
If unable to hold, next levels at 1.3119/ .3095 (reaction low hourly/ weekly Medium Term Moving Average↑): tough on 1st attempts.
Resistance at 1.3391/ 3393 (April 13 high/ daily envelope top), ahead of 1.3412/ .3418 (61.8% 1.3739 to 1.2885/ daily Bollinger top) and 1.3450 (weekly envelope top), where pause favored.
USD/JPY: (99.47) Currently above Flag off 101.45
EUR/GBP: (.8907) Back in channel off .9490
EUR/JPY: (132.45) Currently back above Uptrendline off 113.09
