Rebound from minor new year low puts the pair back in the daily channel off Dec high, with 1.3693 having been retested (see graph): Support area at 1.3628/ .3622 (daily Short Term Moving Average↑/ reaction low hourly), with next levels at 1.3602/ .3590 (daily Medium Term Moving Average↑/ daily envelope bottom), ahead of 1.3537/ .3530 (current week low/ March 05 low), where pause favored.
If wrong, next levels at 1.3510 (break-up hourly), ahead of 1.3493 (daily Bollinger bottom) and 1.3441/ .3433 (weekly envelope bottom/ current new year low): tough on 1st attempts.
Resistance at 1.3680 (reaction high hourly), with next levels at 1.3711/ .3714 (daily envelope top + daily channel top off Dec high/ daily Long Term Moving Average↓), ahead of 1.3722/ .3736 (daily Bollinger top/ March 03 high), where pause favored.
If wrong, next levels at 1.3769/ .3789 (weekly envelope top/ Feb 17 high), ahead of 1.3837/ .3840 (23.6% 1.5145 to 1.3433/ Feb 09 high): tough on 1st attempts.
USD/JPY: (90.37) Approached 90.88
EUR/GBP: (.9112) Exploded above .8841
EUR/JPY: (123.30) Below Flag off 120.70
