21:00 UTC
Downtrend, attempting to base · RSI 47 · price 1.34497
Lower highs from late Jan, range building above 1.3150.
Quarter-long downtrend off the late-January 1.3869 high, with a clear sequence of lower highs into the May 1.3657 rejection. Price has spent the last three weeks oscillating in a 1.3315–1.3500 range, holding above the April 1.3159 low but capped below the psych 1.3500 and EMA(50). Daily RSI sits mid-range near 47, reflecting indecision rather than a fresh impulse.
Support: 1.3315, 1.3159
Resistance: 1.3500, 1.3612
What it said to watch
- Daily close above 1.3500 psych would break the lower-high sequence
- Loss of 1.3315 swing low opens path to retest 1.3159 april low
- Geopolitical headlines around US-Iran tensions remain a USD driver and could shift this read