21:01 UTC
Downtrend resuming after failed bounce · RSI 37 · price 0.77625
Lower highs from 0.7916, breaking below 0.7770 support.
Price rolled over from the 0.7916 swing high, printing a clean sequence of lower highs and now breaking the 0.7770 shelf that had capped downside for the prior week. Both EMAs sit overhead and RSI is sub-40 without yet hitting oversold, leaving room for extension toward the 0.7725 range floor. ATR remains contained around 21 pips, so this is a controlled grind rather than a momentum flush.
Support: 0.77616, 0.7750, 0.7725
Resistance: 0.7793, 0.7825, 0.7916
What it said to watch
- H4 close back above 0.7793 ema20 would neutralise the break and reopen the 0.7825 broken support as a retest target
- Sustained acceptance below 0.7762 session low confirms continuation toward 0.7725 range floor
- Iran headline flow remains a tail risk for CHF given safe-haven bid