21:01 UTC
Uptrend, momentum slowing after Feb peak · RSI 55 · price 1.36353
Higher lows since Mar low, capped below 1.3680.
Multi-month uptrend off the mid-March 1.3160 low, with price holding above EMA(20) and EMA(50) on D1 since early April. The Feb peak near 1.3870 capped the move, and the last six weeks have built a tighter consolidation between 1.3530 swing-low support and 1.3680 prior-high resistance. RSI has cooled back to the mid-50s, neutralising the late-Feb overbought condition.
Support: 1.3530, 1.3340, 1.3160
Resistance: 1.3680, 1.3870
What it said to watch
- Daily close above 1.3680 prior high reopens the path toward 1.3870 Feb peak
- Loss of 1.3530 swing low breaks the higher-lows sequence and exposes 1.3340 Apr pivot
- US CPI release this week could materially shift the read