
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 1.3885 (reaction low hourly), with next levels at 1.3862/ .3859 (daily Long Term Moving Average↑/ daily envelope bottom) and 1.3822/ .3806 (reaction lows hourly), where pause favored.
If wrong, next levels at 1.3748/ .3739 (weekly envelope bottom + current reaction off 1.4339/ see above): tough on 1st attempts.
Resistance at 1.3953/ .3965 (daily Downtrendline off 1.4339/ daily Medium Term Moving Average↓), ahead of 1.4006/ .4013 (daily Bollinger midline/ current reaction high off 1.3748): must regain and sustain above to signal turn for the better for €.
USD/JPY: (96.09) 95.26 = 2nd target off 97.08
EUR/GBP: (.8433) Back below channel bottom off .9082
EUR/JPY: (133.65) Below 135.29







