19:03 UTC
Range-bound, no macro trend · RSI 49 · price 0.58045
Broad multi-quarter range, mid-range after rejection.
Range-bound between 0.5516 and roughly 0.6090 since Q1 2025; price sits mid-range after a sharp weekly rejection from 0.5990. Twin peaks near 0.6092 form a double top capping the range, while W1 EMA(50) is flat near 0.582 — a mean-reversion regime, not a trend. Hawkish RBNZ repricing offers a floor, but the US NFP beat and next week's CPI risk keep the USD side of this range in focus.
Support: 0.5721, 0.5516
Resistance: 0.5990, 0.6092
What it said to watch
- Weekly close above 0.6092 needed to break the year-long range top
- Loss of 0.5721 swing low opens the 0.5516 range base
- US CPI Jun 10 could shift the USD side of this range