09:20 UTC
Broad range, mid-range drift higher · RSI 51 · price 0.59644
Multi-quarter range with higher low set in Q1.
Range-bound between roughly 0.5485 and 0.6120 since late 2024, with price now sitting in the mid-range and pressing back toward the upper third. The Q1 low at 0.5544 and the recent 0.5710 hold mark a higher low, and W1 EMA(50) near 0.5821 has flipped to support over the last several closes — macro structure no longer bearish, but not yet trending. Prior high at 0.6029 and the 0.61 psych zone remain the multi-quarter cap that defines the regime.
Support: 0.5710, 0.5544, 0.5485
Resistance: 0.6029, 0.6120, 0.6093
What it said to watch
- Weekly close above 0.6120 swing high would break the multi-quarter range
- Loss of 0.5710 range low reopens the 0.5544 ytd low
- Sustained acceptance below W1 EMA(50) at 0.5821 weakens the higher-low read