21:01 UTC
Range with downside drift · RSI 52 · price 0.7865
Multi-week range, lower-high attempt.
Price has traded a 0.7770–0.7906 range for roughly three weeks, with the latest push to 0.7906 rejected and faded back into the middle. Buyers stepped in at the range low near 0.7795 and the rebound is now testing ema20 around 0.7873. EMA20/EMA50 are tightly coiled, consistent with the indecisive range read.
Support: 0.7795, 0.7770, 0.7813
Resistance: 0.7885, 0.7906, 0.7873
What it said to watch
- H4 close above 0.7906 range top would confirm a range break higher
- H4 close below 0.7795 range low would open the path back to the 0.7770 swing low
- Failure at ema20 near 0.7873 keeps the lower-high attempt intact