Break of Downtrendline sent the pair currently above 1.2780 and 1.2732 (see graph).
Support area at 1.2782/ .2780 (break-up hourly/ see graph), with next levels at 1.2740/ .2737 (daily Short Term Moving Average↑ + daily Medium Term Moving Average→/ daily envelope bottom), where pause favored.
If wrong, next levels at 1.2687 (break-up hourly), ahead of 1.2663/ .2661 (reaction lows hourly) and 1.2625/ .2607 (current week low/ modified daily Alpha Beta trend bottom): tough on 1st tests.
Resistance at 1.2827/ .2836 (daily Bollinger midline/ daily modified Standard error band top), with next levels at 1.2858/ .2872 (weekly envelope top/ 38.2% 1.3334 to 1.2588 + daily modified Alpha Beta trend top), where pause favored.
If wrong, next level at 1.2905/ .2923 (daily Long Term Moving Average↓/ Aug 18 high): tough on 1st tests.
USD/JPY: (84.20) New year low has been scored
EUR/GBP: (.8284) Retested .8317/ .8313
EUR/JPY: (107.71) New reaction low on move below 110.02
