21:02 UTC
Uptrend, extending · RSI 67 · price 1.39405
Higher highs, higher lows; breakout above range top.
Multi-week uptrend intact with a clean sequence of higher highs and higher lows since early May. The latest bar pushed through the 1.3925 two-month high that had capped the prior advance, with CAD's strong jobs beat producing only a shallow dip before USD demand reasserted and drove price to 1.3950. ATR(14) is firm and price holds well above both EMA20 and EMA50, leaving 1.40 as the next overhead reference.
Support: 1.3925, 1.3880
Resistance: 1.3950, 1.4000
What it said to watch
- BoC decision Jun 10 13:45 UTC and US CPI Jun 10 12:30 UTC could materially shift this read
- H4 close back below 1.3925 negates the breakout and returns price into the prior range
- Failure to clear 1.3950 keeps 1.40 psych level untested