New recovery high on move above 1.3739/ 1.3722, but currently Short Term Double Top off 1.3860 (see graph). Support area at 1.3780 (broken 50 Week Moving Average↓), with next levels at 1.3758/ .3755 (daily envelope bottom/ daily Medium Term Moving Average↑), ahead of 1.3739/ .3722 (previous reaction high + neckline daily Double Top/ see graph), where pause favored.
If wrong, next levels at 1.3714 (1st target off 1.3860), ahead of 1.3674/ .3669 (23.6% 1.2457 to 1.4051/ 2nd target): tough on 1st attempts.
Resistance at 1.3889 (breakdown hourly), with next level at 1.3914/ .3923 (daily envelope top/ daily Short Term Moving Average↓), where pause favored.
If wrong, next levels at 1.3994/ .4006 (reaction highs hourly), ahead of 1.4051/ .4088 (May 22 high/ daily Bollinger top): tough on 1st attempts.
USD/JPY: (96.43) Approaching 96.69
EUR/GBP: (.8679) Below .8765
EUR/JPY: (133.30) Testing Downtrendline
