Drop from 1.6040 broke below daily channel bottom off 1.5302 (1.5864 today) and Double Top off 1.5782 (see graph): 1st Support area at 1.5671/ .5662 (current reaction low off 1.6040/ 50% 1.5285 to 1.6040), with next levels at 1.5644/ .5625 (23.6% 1.4365 to 1.6040 broken monthly channel top off 2005 low/ daily envelope bottom daily Bollinger bottom) and 1.5611 (July 07 low): tough on 1st attempts. Resistance at 1.5732/ .5748 (breakdown hourly/ daily envelope top), with next levels at
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