21:01 UTC
Uptrend, consolidating below range high · RSI 55 · price 1.17868
Higher lows since mid-Feb, capped under 1.1850.
Multi-month uptrend off the mid-February 1.1410 low, with price holding above a rising EMA(50) and grinding back toward the range high. Two attempts at the 1.1830 area in late April and again this week have stalled, leaving a potential double top against the broader Jan 1.2080 peak. Last 10 sessions are coiling between 1.1670 and 1.1830 with RSI flat in the mid-50s — momentum has cooled without a structural break.
Support: 1.1700, 1.1650
Resistance: 1.1830, 1.1880, 1.2080
What it said to watch
- Daily close above 1.1830 range high opens the path back to the Jan 1.1880 high
- Loss of the 1.1700 pivot would confirm a lower-high and put the 1.1650 swing low in play
- US CPI Tue and Trump-Xi meet this week — both can materially shift this read