Reversal Day at 1.4339 is sending the pair back towards 1.3739 (neckline Daily Double Bottom) and tested the neckline of a Head&Shoulders top (1.3793: see graph).
Support area at 1.3806 (reaction low hourly + daily Long Term Moving Average↑), with next levels at 1.3782 (break-up hourly), ahead of 1.3748/ .3747 (current reaction off 1.4339/ daily Bollinger bottom) and 1.3722/ .3711 (previous reaction hourly/ monthly + daily envelope bottoms), where pause favored.
If wrong, next level at 1.3620 (38.2% 1.2457 to 1.4339): tough on 1st attempts.
Resistance at 1.3919/ .3925 (daily envelope top/daily Short Term Moving Average↓), ahead of 1.3947 (breakdown hourly).
Must regain and sustain above 1.4027 (daily Medium Term Moving Average↓) to signal turn for the better for €.
USD/JPY: (96.68) Retesting 96.69
EUR/GBP: (.8451) New reaction low below channel bottom off .9082
EUR/JPY: (133.77) Below 135.29
