Reversal Day at 1.4339 sent the pair back towards 1.3739 (neckline Daily Double Bottom), with rebound putting it currently back in channel off 1.2964 (see graph) and trying to settle back in daily channel off 1.2885 (bottom at 1.4075 today).
Support area at 1.4039 (broken daily Short Term Moving Average↓), with next levels at 1.4001 (break-up daily), ahead of 1.3924 (break-up hourly).
If wrong, next levels at 1.3898 (daily envelope bottom), ahead of 1.3812/ .3806 (weekly envelope bottom/ current week low + reaction low off 1.4339), where pause favored.
Resistance at 1.4102 (current week high), with next levels at 1.4135/ .4159 (daily envelope top + 61.8% 1.4339 to 1.3806/ breakdown hourly), where pause favored.
If wrong, next levels at 1.4213 (76.4%), ahead of 1.4240 (weekly envelope top): tough on 1st attempts.
USD/JPY: (97.54) Above 96.69
EUR/GBP: (.8630) Back below .8765
EUR/JPY: (137.38) Trying to recapture the channel off 126.99
