19:00 UTC
Broad uptrend, recent sharp pullback · RSI 55 · price 1.33099
Higher highs into 1.3870, now retesting mid-range.
Macro uptrend intact from the January 1.2190 low, with price carving higher highs into the 1.3870 yr high before a sharp two-week pullback to 1.3150 swing low. Price sits above a rising EMA50 near 1.2950 but has dropped under EMA20, putting the tape in consolidation between 1.3150 and the 1.3590 prior break. RSI mid-50s, no extreme — regime is trending but stalling.
Support: 1.3150, 1.2950, 1.2190
Resistance: 1.3590, 1.3770, 1.3870
What it said to watch
- Weekly close below 1.3150 swing low opens path toward ema50 near 1.2950
- Reclaim of 1.3590 prior break would re-engage the trend toward 1.3870 yr high
- Iran-US developments and Fed inflation tone are macro inputs that could shift this read