
Currently above Triangle top (see graph).
Support area at 1.4095/ .4087 (daily envelope bottom/ break-up hourly), with next levels at 1.4060/ .4055 (daily Short Term Moving Average↑/ reaction low hourly), ahead of 1.4004 (daily Medium Term Moving Average↑ + daily Long Term Moving Average→ + daily Bollinger midline) and 1.3987 (break-up hourly): ideal area to stay above to keep current mood on €.
Failure to hold would see next levels at 1.3911/ .3898 (reaction low hourly/ current week low), ahead of 1.3878 (reaction low hourly), where pause favored.
Resistance at 1.4166/ .4171 (current week high/ daily Bollinger top), where pause favored.
If wrong, next levels at 1.4202/ .4212 (July 01 high + neckline daily Double Bottom/ daily Downtrndline off Sept 2008), ahead of 1.4225 (daily envelope top): tough on 1st attempts.
USD/JPY: (93.67) Currently toying back with channel bottom off 98.90 and 93.60
EUR/GBP: Bullish Reversal Day at new reaction low puts the pair back in the channel off .9082
EUR/JPY: (132.22) Above Flag







