Daily Long Term Moving Average↑ (1.39551 today) managed to act as Support in recent downmove, with pair above Triangle pattern, but at apex (see graph).
Support area at 1.4077/ .4071 (break-up hourly/ reaction low hourly), with next levels at 1.4034 (daily Short Term Moving Average↑), ahead of 1.4008/ .3996 (daily envelope bottom/ daily Bollinger midline) and 1.3964/ .3954 (daily Medium Term Moving Average→/ see above), where pause favored.
If wrong, next levels at 1.3889/ .3888 (reaction lows hourly), ahead of 1.3866/ .3860 (weekly Uptrendline off March low/ weekly envelope bottom): tough on 1st attempts.
Resistance at 1.4131/ .4139 (today’s high?/ last week high), with next levels at 1.4178 (June 11 high + see graph: neckline Double Bottom), ahead of 1.4199/ .4208 (daily envelope top + 76.4%1.4339 to 1.3748/ weekly envelope top + daily Bollinger top).
1.4253 = daily Downtrendline off Sept 2008: tough on 1st attempts.
USD/JPY: (95.70) 95.26 = 2nd target off 97.08 has been met
EUR/GBP: (.8483) Retesting channel bottom off .9082
EUR/JPY: (135.10) Retesting 135.29
