
Reversal Day at 1.4339 has sent 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 1.3879/ .3872 (broken daily Short Term Moving Average↓/ reaction low hourly), with next levels at 1.3845/ .3833 (daily Long Term Moving Average↑/ reaction low hourly) and 1.3806/ .3801 (reaction low hourly / daily envelope bottom), where pause favored.
If wrong, next levels at 1.3748/ .3739 (daily Bollinger bottom + current reaction off 1.4339/ see above): tough on 1st attempts.
Resistance at 1.3976/ .3983 (daily Downtrendline off 1.4339/ daily Medium Term Moving Average↓), ahead of 1.3995/ 1.4011 (daily envelope top/ daily Bollinger midline): must regain and sustain above to signal turn for the better for €.
USD/JPY: (96.63) 95.26 = 2nd target off 97.08
EUR/GBP: (.8512) Toying back with channel bottom off .9082
EUR/JPY: (134.34) Below 135.29







