Rebound off 1.4480 puts the pair back above channel off 1.3832 (see graph) and retested reinstalled inverted daily channel top off June low (1.4770 today).
Support area at 1.4669/ .4655 (break-up hourly/ daily Bollinger midline + daily envelope bottom), with next levels at 1.4633 (daily Short Term Moving Average↑), ahead of 1.4593/ .4582 (reaction low hourly/ current week low), where pause favored.
1.4519 = daily Bollinger bottom + daily Long Term Moving Average↑: tough on 1st attempts.
Resistance at 1.4766/ .4777 (breakdown hourly + weekly envelope top/ broken weekly channel bottom off 2002 low), ahead of 1.4784/ .4788 (daily envelope top/ daily Bollinger top), where pause favored.
If wrong, next levels at 1.4821/ .4845 (broken monthly channel bottom off 2002 low/ last week high + Equality C wave off 1.2457), ahead of 1.4867 (Sept 2008 spike): tough on 1st attempts amid bearish divergences.
USD/JPY: (88.77) 1st Resistance area at 89.27/ 89.32
EUR/GBP: (.9248) Below Uptrendline off .8769
EUR/JPY: (130.47) In Falling Wedge pattern
