21:02 UTC
Uptrend, momentum accelerating · RSI 71 · price 0.79633
Range break to new highs.
Price spent three weeks compressing in a 0.7810-0.7910 band before clearing the 0.7934 eight-week high zone and extending to 0.79678, the strongest leg in the window. The thrust followed broad USD strength after Friday's blowout NFP (172K vs 85K) revived Fed-hike pricing. ATR(14) has expanded with the move and both EMAs sit below price, consistent with the breakout impulse.
Support: 0.7934, 0.7872, 0.78136
Resistance: 0.79678, 0.8000
What it said to watch
- US CPI Tue Jun 10 12:30 UTC is the dominant near-term catalyst and could reshape this read
- H4 close back below 0.79340 negates the breakout and returns price into the prior range
- Acceptance above 0.79678 opens the path toward the 0.80000 psych level