Daily Long Term Moving Average↑ (1.3908 today) managed to act as Support in recent downmove, with pair above Triangle pattern, but near apex (see graph).
Support area at 1.3928 (today’s low?), with next levels at 1.3888 (yesterday low), ahead of 1.3858/ .3842 (broken daily Downtrendline off 1.4339/daily envelope bottom), where pause favored.
If wrong, next levels at 1.3826/.3806 (current week low/ reaction low hourly): tough on 1st attempts.
Resistance at 1.4008/ .4012 (breakdown hourly/ daily Bollinger midline), with next levels at 1.4027 (daily envelope top), ahead of 1.4139 (current week high + daily projection band top) and 1.4168/ .4178 (weekly envelope top/ June 11 high + see graph: neckline Double Bottom), where pause favored.
If wrong, risk towards 1.4199 (76.4%1.4339 to 1.3748), ahead of 1.4263/ .4274 (daily Downtrendline off 1.4719/ daily Bollinger top): tough on 1st attempts.
USD/JPY: (96.30) 95.26 = 2nd target off 97.08 has been met
EUR/GBP: (.8488) Toying back with channel bottom off .9082
EUR/JPY: (134.50) Reapproaching 135.29
