Reversal Day at 1.4339 sent the pair back towards 1.3739 (neckline Daily Double Bottom), with rebound trying to extend above Triangle pattern (see graph) but currently failed to settle back in daily channel off 1.2885 (bottom at 1.4136 today).
Support area at 1.4030/ .4027(break-up hourly/ daily Short Term Moving Average↑), with next levels at 1.3996/ .3987 (daily envelope bottom/ daily Bollinger midline).
If unable to hold, next levels at 1.3943/ .3914 (reaction lows hourly), ahead of 1.3812/ .3806 (weekly envelope bottom/ current week low + reaction low off 1.4339), where pause favored.
Resistance at 1.4130/ .4136 (reaction high hourly/ see above), with next levels at 1.4178 (current week high), where pause favored.
If wrong, next levels at 1.4213 (76.4% 1.4339 to 1.3806), ahead of 1.4240/ .4246 (weekly/ daily envelope tops): tough on 1st attempts.
USD/JPY: (97.86) Above 96.69
EUR/GBP: (.8517) New reaction low below channel bottom off .9082
EUR/JPY: (137.87) Back below channel off 126.99
