Back above 1.3570 (see graph) and currently back above the daily Medium Term Moving Average→ (1.3684 today).
Support area at 1.3668/ .3644 (reaction low hourly/ daily Short Term Moving Average↑), with next levels at 1.3607/ .3592 (daily Bollinger midline/ break-up hourly), where pause favored.
If wrong, next levels at 1.3573/ 1.3566 (reaction low hourly/ break-up hourly) and 1.3545 (daily modified Alpha Beta trend bottom): tough on 1st attempts.
Resistance at 1.3745 (current week high), ahead of 1.3773/ .3778 (breakdown hourly/ 76.4% 1.3862 to 1.3508), where pause favored.
If wrong, next levels at 1.3809 (daily envelope top + daily modified Alpha Beta trend top) and 1.3826/ .3827 (reaction highs hourly).
1.3862/ .3887 = current recovery high off 1.2860/ daily Bollinger top: tough on 1st attempts.
USD/JPY: (82.53) Currently back above Downtrendline off 84.51
EUR/GBP: (.8503) Back in Flag off .8672
EUR/JPY: (113.02) Currently back above 112.20
Website: http://www.forexesignal.com
Support area at 1.3668/ .3644 (reaction low hourly/ daily Short Term Moving Average↑), with next levels at 1.3607/ .3592 (daily Bollinger midline/ break-up hourly), where pause favored.
If wrong, next levels at 1.3573/ 1.3566 (reaction low hourly/ break-up hourly) and 1.3545 (daily modified Alpha Beta trend bottom): tough on 1st attempts.
Resistance at 1.3745 (current week high), ahead of 1.3773/ .3778 (breakdown hourly/ 76.4% 1.3862 to 1.3508), where pause favored.
If wrong, next levels at 1.3809 (daily envelope top + daily modified Alpha Beta trend top) and 1.3826/ .3827 (reaction highs hourly).
1.3862/ .3887 = current recovery high off 1.2860/ daily Bollinger top: tough on 1st attempts.
USD/JPY: (82.53) Currently back above Downtrendline off 84.51
EUR/GBP: (.8503) Back in Flag off .8672
EUR/JPY: (113.02) Currently back above 112.20
Website: http://www.forexesignal.com
