Reversal Day at 1.4339 is sending the pair back towards 1.3739 (neckline Daily Double Bottom) and currently testing the neckline of a Head&Shoulders top (1.3793: see graph).
Support area at 1.3748 (today’s +current reaction off 1.4339), with next levels at 1.3722/ .3711 (previous reaction hourly/ daily Bollinger bottom) and 1.3705 (monthly envelope bottom), where pause favored.
If wrong, next levels at 1.3672 (daily envelope bottom), ahead of 1.3620 (38.2% 1.2457 to 1.4339): tough on 1st attempts.
Resistance at 1.3890/ .3905 (reaction high hourly/ daily envelope top), with next levels at 1.3931/ .3940 (breakdown hourly/ daily Short Term Moving Average↓).
Must regain and sustain above 1.4045 (daily Medium Term Moving Average↓) to signal turn for the better for €.
USD/JPY: (96.75) Retesting 96.69
EUR/GBP: (.8490) New reaction low below channel bottom off .9082
EUR/JPY: (133.45) Below 135.29
