Next report should be on June 09
New recovery high on move above 1.3739 (neckline Daily Double Bottom) and tested channel top off 1.2964 (see graph: equivalent one on daily charts off 1.2885 having its top at 1.4391 today) but Reversal Day at recent high and wide spread with Moving Averages.
Support area at 1.4153 (reaction low hourly), with next levels at 1.4099/ .4070 (see graph + daily envelope bottom/ current reaction low off 1.4339), with next l1.4084 (daily envelope bottom).
1.4049/ .4043 = break-up hourly/ daily Medium Term Moving Average↑: ideal area to stay above to keep current € mood intact.
Resistance at 1.4240/ 4246 (reaction high hourly/ left Shoulder top: see graph), ahead of 1.4304 (daily envelope top), where pause favored.
If wrong, next levels at 1.4339 (current week high), ahead of 1.4388/ .4391 (daily Bollinger top/ see above): tough on 1st attempts.
USD/JPY: (96.76) Trying to extend back above 96.69
EUR/GBP: (.8809) Sharp rebound off new reaction low
EUR/JPY: (137.33) New recovery high in channel off 126.99
