09:20 UTC
Uptrend, momentum cooling near range highs · RSI 60 · price 0.72475
Higher highs and higher lows since early February, capped at 0.7277.
Quarter-long uptrend with price holding above EMA(20) and EMA(50) on D1 since the mid-February low at 0.6878. Two attempts at the 0.7277 apr high in late April have rejected, with the pair now consolidating between 0.7165 swing low and that ceiling over the last 8 sessions. RSI near 60 reflects cooling momentum after the prior leg, not exhaustion.
Support: 0.7165, 0.7050, 0.6878
Resistance: 0.7277, 0.7221, 0.7350
What it said to watch
- Daily close above 0.7277 apr high opens path toward 0.7350 psych
- Loss of 0.7165 swing low breaks the higher-low chain and exposes ema20 near 0.7050
- US CPI print this week could materially shift this read