Higher lows from 59.68 low, capped at 62.02–62.07 range top.
Friday's NFP-miss spike to 62.07 fully reversed into a 59.68 two-month low within the same NY session. Monday's rebound then stalled at 62.02 in London, a rejection just under the Friday high. The fade through the NY session, as yields firmed and ISM prices paid hit 74, has pulled price below EMA(20) to sit on EMA(50) near 61.05, at the 38.2% fib of the 59.68–62.02 rebound, with the higher-lows line and Monday's NY low converging around 60.80.
Support: 60.80, 60.632, 59.676
Resistance: 61.17, 62.022, 62.07
What it said to watch
H1 close below the 60.80 ny low and the higher-lows line exposes the weekly open at 60.63 and the 61.8% fib near 60.57
Loss of the 59.68 friday low, with 60.00 psych just above it, reopens the two-month-low breakdown
Recovery above ema20 near 61.17 followed by a close through the 62.02 monday high / 62.07 friday high breaks the range top
Fed's Williams and Bowman on Tuesday, then FOMC Minutes on Wednesday at 18:00 GMT, could materially shift this read via yields and USD
Wide 59.68–62.07 range; lower highs since Monday's London high.
Silver has chopped inside a wide 59.68–62.07 range since Friday's NFP whipsaw. Monday's rally from the 60.63 weekly open ran through Asia and London to 62.02, just under Friday's 62.07 prior high, but NY hours faded it on firmer yields, a stronger dollar and ISM prices paid at 74. That has left lower highs off the high and price near the 61.8% retracement of Monday's rally. Price now sits just below the ema20 at 61.16 and flat with EMA50, with RSI(14) near 49, while demand has stepped in twice at the 60.80 intraday low.
Support: 60.803, 60.632, 59.676
Resistance: 61.164, 61.656, 62.07
What it said to watch
H1 close back above the ema20 and the 61.66 asia high reopens the 62.02–62.07 prior high zone
A clean break of the lower highs trendline from the 62.02 high would undercut the fade read
Failure to hold the 60.80 intraday low exposes the weekly open at 60.63, then the 59.68 friday low
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) Tuesday, then FOMC Minutes Wed 18:00 UTC, could reprice hike odds and materially shift this read
Higher low at 60.80, lower highs under 62.07; range 60.80–62.02.
Friday's NFP spike to the 62.07 nfp high reversed into a flush to the 59.68 nfp low. Monday's London-led rebound stalled at the 62.02 week high before NY hours unwound it back to the 60.80 ny low as yields and the USD firmed on a hot ISM prices-paid detail. Price now sits between EMA(20) near 61.16 and EMA(50) around 61.00, with RSI(14) back below 50 and the 60.80 ny low lining up with the 50% retracement of the Friday–Monday rally, while the weekly open at 60.63 is the next reference below.
Support: 60.80, 60.63, 59.68
Resistance: 61.16, 62.02, 62.07
What it said to watch
H1 close below the 60.80 ny low exposes the weekly open at 60.63 and the 61.8% fib near 60.57
Reclaim of EMA(20) at 61.16 and the lower-highs line reopens the 62.02 week high
Close above the 62.07 nfp high breaks the post-NFP rejection read
Break of the rising lows trendline from the 59.68 nfp low invalidates the rebound structure
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) Tue, then FOMC Minutes Wed 18:00 UTC, could materially shift this read
59.7–62.1 range; Monday higher low, twin rejection at 62.0.
Friday's NFP spike to the 62.07 week high reversed into a sweep of 59.68 (the friday low). Monday opened at 60.63 and London extended the rebound to 62.02, a second rejection at the 62.0 cap, before NY hours faded it to the 60.80 monday low as the USD firmed. Price now sits on EMA(20) near 61.21 with RSI(14) around 55, holding a higher low near the 50% fib of the post-NFP rebound, with the 61.66 asia high as the first overhead shelf.
Support: 61.21, 60.803, 59.676
Resistance: 61.656, 62.07, 62.40
What it said to watch
H1 close above the 62.07 week high breaks the twin rejection at the 62.0 cap and brings the digest's 62.40 cap into view
Acceptance back above the 61.66 asia high reopens a test of the 62.0 cap
Failure to hold the 60.80 monday low breaks the higher-low line and the 50% fib, exposing the 59.68 friday low
Sustained H1 closes below ema20 at 61.21 shift the read toward the lower half of the range
Fed's Williams/Bowman (Tue 13:05/14:45 UTC) and FOMC Minutes (Wed 18:00 UTC) could materially shift this read
59.68–62.07 range; twin highs capping, lower highs since Monday peak.
Silver ran from the 60.63 weekly open to 62.02 through Monday's London session as hike bets unwound after Friday's 29K NFP. That high stalled just under Friday's 62.07 spike, leaving twin highs at the top of a 59.68–62.07 range. NY hours then faded the move back to 61.05, below EMA(20) at 61.17, flat on EMA(50) near 61.06 and near the 61.8% retrace of Monday's rally, with ISM prices paid at 74 a hawkish counterpoint; the 60.80 day low has held in both the Asia session and NY hours, with RSI(14) back at 51.
Support: 60.80, 60.632, 59.676
Resistance: 61.17, 61.656, 62.05
What it said to watch
Hourly close below the 60.80 day low exposes the 60.63 weekly open and Friday's 59.68 low
Recovery above EMA(20) at 61.17 and the lower highs line brings the 61.66 Asia high back into view
Clearing the 62.02–62.07 twin highs would break the range top
Fed's Williams and Bowman (Tue) and FOMC Minutes (Wed 18:00 UTC) could materially shift this read
59.68–62.07 range; Monday's high capped under Friday's NFP high.
Friday's NFP spike to the 62.07 nfp high reversed to a 59.68 swing low within three hours. Monday's Asia and London sessions carried silver from the 60.63 weekly open to a 62.02 monday high, just under that level, before NY hours gave the move back after ISM prices paid printed 74. Price now sits below EMA(20) at 61.18 and EMA(50) near 61.06, between the 38.2% and 50% retrace of the NFP bounce, with RSI(14) back near 46.
Support: 60.632, 60.352, 59.676
Resistance: 61.18, 62.022, 62.07
What it said to watch
Hourly close back above the 61.18 ema20 would restore the London-session rally structure
Failure to hold the weekly open at 60.63 exposes the 60.35 fri close and the 61.8% bounce fib near 60.57
Clean break of the 62.02 monday high and 62.07 nfp high range top invalidates the range read
Loss of the 59.68 swing low would mark a range break to fresh two-month lows
Fed's Williams and Bowman Tue, plus FOMC Minutes Wed 18:00 UTC, could materially shift this read
Friday's soft 29K NFP spiked silver to 62.07, then reversed it to a two-month low at 59.68. Monday rallied from the 60.63 weekly open through Asia and London to 62.02, where supply capped it and formed a potential double top. The rally faded into the NY session as ISM prices paid printed 74, leaving price below EMA(20) at 61.21 and sitting on EMA(50), with RSI(14) back at 50 and price past the 61.8% retracement of Monday's rally.
Support: 60.90, 60.63, 59.68
Resistance: 61.21, 61.71, 62.05
What it said to watch
Hourly close back above EMA(20) at 61.21 and the 61.71 prior high reopens the double top zone at 62.02–62.07
Failure to hold the 60.90 NY low and the higher-lows line exposes the weekly open at 60.63, the double top neckline
Loss of 60.63 brings the two-month low at 59.68 back into view
Fed's Williams and Bowman on Tue and the FOMC Minutes on Wed 18:00 UTC could materially shift this read
Higher lows from 59.68, lower high at 62.02 under 62.07.
Friday's 29K NFP miss spiked silver to the 62.07 nfp high before a NY-hours reversal to a 59.68 two-month low. Monday's rally from the 60.63 weekly open ran through Asia and London but stalled at the 62.02 monday high, a lower high just under Friday's cap. The fade into the NY open and the ISM release (prices paid 74) held the 60.92 pullback low near the 50% retracement of the 59.68–62.02 rally, keeping the higher-lows trendline intact, and price now sits on the ema20 at 61.23 with RSI(14) at 50.
Support: 61.23, 60.92, 60.63
Resistance: 62.022, 62.07
What it said to watch
H1 close below the 60.92 pullback low and the higher-lows trendline from 59.68 breaks the sequence of rising lows
Closes back below the ema20 at 61.23 expose the 60.63 weekly open
Acceptance above the 62.02 monday high and 62.07 nfp high clears the twin cap and opens the digest's 62.40 resistance
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) Tuesday, then FOMC Minutes Wed 18:00 UTC, could materially shift this read
14:06 UTC
Two-way range after NFP whipsaw, momentum fading · RSI 47 · price 61.066
Marginal lower high at 62.02 under the 62.07 NFP high; pullback below EMA20.
Friday's spike on the 29K NFP miss to the 62.07 NFP high was rejected within NY hours and flushed to the 59.676 NFP low, before Monday gapped up from the 60.632 weekly open. London carried price to the 62.02 Monday high, a marginal lower high, before supply capped near 62.0 again and the NY open fade pulled price back to 61.07, just under EMA(20) near 61.21. RSI(14) has eased to ~47 from the low 60s. Price sits near the 38.2% swing retrace of 59.676–62.022, above the 60.81 pullback low that held twice on Monday.
Support: 60.81, 60.632, 59.676
Resistance: 61.21, 62.022, 62.07
What it said to watch
ISM Services and Prices Paid (14:00 UTC, f/c 55) land in the current bar and could materially shift this read
H1 close back above the ema20 near 61.21 restores Monday's higher-low sequence
H1 close above the 62.07 nfp high clears the double cap at 62.0 and opens the 62.40 area
Failure to hold the 60.81 pullback low exposes the 60.632 weekly open and the 50% swing retrace near 60.85
FOMC Minutes Wed 18:00 UTC are the next scheduled risk to the range read
13:07 UTC
Rebound off Friday low, stalling under 62.00 · RSI 60 · price 61.528
Higher lows since Friday's 59.68 NFP low, within a 59.68–62.07 range.
Friday's 29K NFP miss whipsawed silver. Price spiked to the 62.07 NFP spike high, then flushed to 59.68 during NY hours, and has printed higher lows since. Monday's London session extended the rebound to the 62.02 Monday high, just shy of Friday's spike, with rejection there into the NY open. The pullback is now holding above EMA(20) near 61.28, and RSI(14) has eased to around 60.
Support: 61.28, 60.807, 60.632
Resistance: 62.022, 62.07
What it said to watch
ISM Services at 14:00 UTC (f/c 55): a hot headline or Prices Paid print that lifts USD and yields could unwind the rebound, while a soft print tests the 62.02–62.07 cap
An H1 close above the 62.07 NFP spike high breaks the range top, with the digest's 62.40 cap next
Loss of EMA(20) at 61.28 and the 60.81 higher low (near the 50% fib) puts the 60.63 weekly open back in play
Failure to hold the rising trendline of higher lows from the NFP low reopens 59.68
12:06 UTC
Recovering within range, testing range top · RSI 60 · price 61.702
Higher lows off Friday's 59.68 low; Monday leg retesting the NFP spike high.
Friday's post-NFP spike to 62.07 fully reversed to 59.68 within two hours. Silver has since recovered as the 29K payrolls miss pared Fed-hike odds, with Monday's push from the 60.59 Asia low extending through the London session to 62.02, just under the nfp high. Price holds above EMA(20), and the 61.48 higher low sits on the 38.2% level of Monday's leg fib, above the 60.81 swing low. RSI(14) near 60 has recovered from Friday's trough but is not overbought.
Support: 61.48, 61.25, 60.81
Resistance: 62.07, 62.40
What it said to watch
H1 close above the 62.07 nfp high opens the path toward the 62.40 range cap
Failure to hold the 61.48 higher low puts the ema20 near 61.25 and the 60.81 swing low back in play
ISM Services at 14:00 UTC (f/c 55) could materially shift this read, as Friday's NFP spike reversed fully within two hours
A break of the higher lows trendline from 59.68 returns price to the lower half of the 59.68–62.07 range
11:07 UTC
Short-term uptrend inside a wide weekly range · RSI 63 · price 61.807
Higher lows off the 59.68 Friday low, pressing the upper end of the 59.68–62.07 range.
Friday's soft 29K NFP print first spiked silver to the 62.07 friday high, then reversed hard in the NY session to 59.68. Since then the H1 has printed higher lows, and Monday's Asia and London sessions lifted price from the 60.63 weekly open through Tuesday's 61.71 high. Price now holds above a rising ema20 near 61.24 with RSI(14) in the low 60s, testing the 61.90 monday high, while the 61.48 london low marks the first pullback base on the rebound fib off 59.68.
Support: 61.48, 61.24, 60.63
Resistance: 61.90, 62.07, 62.40
What it said to watch
ISM Services at 14:00 UTC (f/c 55.7) could materially shift this read; a hot print would put the london low and ema20 back in play
H1 close above the 62.07 friday high opens the path to the 62.40 range cap
Rejection at the monday high with a close under the 61.48 london low shifts focus to the 38.2% rebound fib near 61.05
Close back below the 60.63 weekly open breaks the higher lows line and reopens the 59.68 Friday low
FOMC Minutes Wed 18:00 UTC are the next high-impact risk to the range structure
The 59.68–62.07 range has held since Tuesday. Friday's 29K NFP miss spiked silver to the 62.07 friday high, which was rejected into NY hours down to the 59.68 friday low. Monday gapped up to 60.63 versus Friday's 60.35 close and extended through the Asia session and London open to a 61.82 monday high as yields eased. Price holds above the ema20 near 61.17, with the 60.81 higher low anchoring the rising trendline and RSI(14) near 61, short of overbought.
Support: 61.17, 60.807, 59.676
Resistance: 61.817, 62.07, 62.40
What it said to watch
ISM Services 14:00 UTC (f/c 55.7) could materially shift this read; a hot Prices Paid revives hike odds
H1 close above the 62.07 friday high opens the 62.40 cap, a lower high below it keeps the range intact
Loss of the ema20 and then the 60.81 higher low breaks the rising trendline from Friday's low
Return below the 60.63 weekly open fills the gap and exposes the 59.68 friday low
FOMC Minutes Wed 18:00 UTC is the next high-impact risk
09:08 UTC
Rebounding off Friday low, pressing range top · RSI 65 · price 61.725
Higher lows since Friday's sweep low, testing the week's 61.50–61.71 ceiling.
Friday's payrolls miss produced a spike to the 62.07 NFP high, then a sweep to 59.68 below the week's 59.95–60.03 lows. Silver has rebuilt since, gapping up at the weekly open from Friday's 60.35 close, printing a higher low at 60.81 into the London session and now edging through Tuesday's 61.71 high above the 61.50 prior highs. Price sits above EMA(20) near 61.12 with RSI(14) around 65. The rebound fib from 59.68 is near full retracement, while a firm USD and the 62.40 major cap frame the overhead test.
Support: 61.50, 61.12, 60.807
Resistance: 62.07, 62.40
What it said to watch
ISM Services PMI at 14:00 UTC (f/c 55.7) and its Prices Paid read could reprice yields and materially shift this read
H1 close back below the 61.50 prior highs returns price inside the week's range
Pullbacks holding the ema20 near 61.12 keep the higher lows sequence intact
Break of the 60.81 higher low and the rising trendline undoes the rebound; 50% rebound fib sits near 60.73
Acceptance above the 62.07 NFP high exposes the 62.40 major cap
Higher lows since Friday's 59.68 low inside a 59.68–62.07 range.
Silver has whipsawed inside a 59.68–62.07 range this week. Friday's NFP miss spiked price to the 62.07 NFP high in the first hour of NY, then a full rejection took it to the 59.68 week low as the USD rebuilt its losses. Monday gapped above Friday's 60.35 close and has printed higher lows through Asia and into London open, with the 60.81 higher low holding, price back above EMA(20) at 61.04 and RSI(14) near 58, now near the 78.6% retracement of the post-NFP drop just under the 61.71 Monday high.
Support: 61.04, 60.81, 59.68
Resistance: 61.71, 62.07
What it said to watch
H1 close above the 61.71 Monday high exposes the 62.07 NFP high; rejection there keeps the range read intact
Loss of EMA(20) at 61.04, then the 60.81 higher low and the higher-low line, breaks the rebound structure and reopens the 59.68 week low
ISM Services PMI at 14:00 UTC (f/c 55.7) and Prices Paid, after S&P Global PMI at 13:45 UTC, could materially shift this read via yields
FOMC Minutes Wed 18:00 UTC are the next scheduled risk to the range
07:07 UTC
Range-bound, recovering above EMAs · RSI 55 · price 61.306
59.68–62.07 range; Monday higher lows under lower highs.
Silver has rotated inside a 59.68–62.07 band all window. Friday's NFP miss spiked price to the 62.07 nfp high before rising yields dragged it to 59.68 within three hours, a false break of the range top. Monday gapped up from Friday's 60.35 close, and the 60.63 weekly open held through the Asia session. Price is back above EMA(20) at 60.96 (ema20) and EMA(50) near 60.90, with RSI(14) in the mid-50s and the move now past the 61.8% level of the NFP drop fib (61.16). The 61.66 monday high and the lower highs line from Friday's spike are capping the bounce.
Support: 60.96, 60.632, 60.00
Resistance: 61.656, 62.07
What it said to watch
Hourly close above the 61.66 monday high breaks the lower highs line and reopens the 62.07 nfp high
Loss of the ema20 at 60.96 and the 60.63 weekly open returns price to the lower half of the range, with 60.00 psych beneath
Slip back below 61.16 puts price inside the NFP drop fib retrace again and weakens the recovery read
ISM Services at 14:00 UTC (f/c 55.7, plus Prices Paid) could materially shift this read; a hot print rebuilding hike odds puts 60.00 psych back in focus
60.00–61.75 range since Tuesday; higher low on Monday, lower high below Friday's spike.
Friday's soft 29K NFP lifted silver to a 62.07 nfp spike above the wed high at 61.71. The break failed within two NY hours, and price flushed to 59.68 as yields firmed. Monday gapped up from Friday's 60.35 close to a 60.63 weekly open, ran to a 61.66 monday high in the Asia session, then pulled back to a 60.81 asia low near the 38.2% retracement of the Friday-to-Monday leg. Price now sits back above EMA(20) at mid-range with RSI(14) in the mid-50s, so the 60.00–61.75 range that has held since Tuesday is still intact.
Support: 60.81, 60.63, 60.00
Resistance: 61.66, 61.71, 62.07
What it said to watch
ISM Services at 14:00 UTC (f/c 55.7) is the main catalyst for a range break in either direction
H1 close below the 60.81 asia low and the 60.63 weekly open would break the higher-low line and expose psych 60 support
H1 close above the 61.66 monday high and 61.71 wed high would break the lower highs line and put the 62.07 nfp spike back in play
Rising US 10Y yields have capped bounces this week, even after dovish data
Range 60.00–61.70 with Friday's NFP false break at both extremes; flat EMAs.
Silver has held a 60.00–61.70 range all week. Friday's soft NFP spike to the 62.07 nfp high failed within two hours and flushed to the 59.68 week low as yields rose. Monday's Asia session gapped above Friday's close, tagged the 61.66 monday high and faded back to 60.88, which leaves price on a flat EMA(20)/EMA(50) pair and at the 50% retracement of Friday's post-NFP drop. RSI(14) near 51 fits the mid-range read, and the higher lows since Friday's low remain intact above the 60.63 monday open.
Support: 60.63, 60.00, 59.676
Resistance: 61.656, 62.07
What it said to watch
ISM Services PMI at 14:00 UTC today (f/c 55.7, plus Prices Paid) could materially shift this read
H1 close above the 61.66 monday high puts the 62.07 nfp high back in focus
Failure to hold the 60.63 monday open and the nfp higher lows line exposes 60.00 psych and the 59.68 week low
Rejection again at 61.66–61.70 keeps the range-top cap intact
04:05 UTC
Sideways, post-NFP rebound into range top · RSI 53 · price 61.184
60.00–61.75 range with false breaks either side on Friday.
Silver has traded a 60.00–61.75 range since Tuesday. Supply capped Wednesday's push at the 61.71 wed high. Friday's 29K NFP miss sent price through the range top to a 62.07 nfp high in the NY session, but it reversed within two hours to a 59.68 week low as yields held firm. That gave a false break on both sides. Monday's Asia session gapped up from Friday's 60.35 close and ran from the 60.63 weekly open to a 61.66 asia high. The pullback held the ema20 near 60.92, and price now sits at the 61.8% retracement of the NFP drop with RSI(14) near 53.
Support: 60.92, 60.63, 59.68
Resistance: 61.66, 61.71, 62.07
What it said to watch
ISM Services at 14:00 UTC (f/c 55.7, plus Prices Paid) could materially shift this read via yields
H1 close above the 61.71 wed high breaks the range top and brings the 62.07 nfp high back into view
Failure to hold the ema20 at 60.92 and the weekly open at 60.63 returns focus to 60.00 and the 59.68 week low
A break below the post-NFP rising lows line cancels the Monday rebound structure
60.00–61.71 range with two-sided false break on NFP.
Silver has rotated inside a 60.00–61.71 range since Tuesday. Friday's NFP miss spiked price to 62.07 in the NY session, then it reversed hard to 59.68 as yields capped the soft-data bounce, leaving a false break on both sides of the range. Monday's Asia session gapped up from 60.35 to the 60.63 weekly open and pushed to 61.66, stalling just under the range top; price now sits at 61.05, between the 50% and 61.8% retracement of the NFP reversal, with the ema20 and ema50 converging near 60.87 and RSI(14) flat around 49.
Support: 60.87, 60.632, 60.00
Resistance: 61.712, 62.07
What it said to watch
ISM Services PMI at 14:00 UTC (f/c 55.7, with Prices Paid) could materially shift this read via yields
An H1 close above the 61.71 range top would open a retest of the 62.07 nfp high
Loss of the ema20 near 60.87 and the 60.63 weekly open would fill the Monday gap and break the post-NFP higher lows
A break of the 60.00 round number and the 59.68 NFP low would end the range read
02:05 UTC
Range-bound after Friday's whipsaw, bouncing toward range top · RSI 56 · price 61.379
60.00–61.75 range with false breaks both sides on NFP; Monday gap higher.
Silver has rotated inside a 60.00–61.75 band since Tuesday. Friday's NFP miss produced a false break above to the 62.07 nfp spike during NY hours, then a flush to the 59.676 week low as yields firmed, and price closed back inside the range. Monday opened with a gap above the 60.352 fri close and rallied in the Asia session to a 61.656 asia high, retracing beyond 61.8% of Friday's drop and sitting above the EMA(20) near 60.95 with RSI(14) in the mid-50s.
Support: 60.95, 60.352, 59.676
Resistance: 61.656, 61.712, 62.07
What it said to watch
H1 close above the 61.712 range top would break the series of caps at 61.50–61.75 seen this week
Failure to hold the ema20 near 60.95 leaves the gap toward the 60.352 fri close unfilled and exposed
A break below the 59.676 week low would confirm a range break lower
ISM Services PMI at 14:00 UTC (f/c 55.7) and yield moves could materially shift this read
01:07 UTC
Choppy range with lower lows, Monday rebound · RSI 54 · price 61.302
Lower lows Tue–Fri inside a 59.68–62.07 range, rallies capped 61.4–61.7; Monday gap-up testing the cap.
Since Tuesday silver has traded a two-sided range. Lows stepped lower each day (60.29, 60.03, 59.95, then the 59.68 week low), while rallies stalled between 61.41 and 61.71. Friday's NFP miss spiked price to the 62.07 nfp high during NY hours, but yields reasserted and the move fully reversed within two hours. That NFP drop is the week's dominant swing. Monday's Asia session gapped ~280 pips above Friday's 60.35 close and pushed to 61.33, reclaiming ema20 near 60.84 with RSI(14) back to ~54. Price now sits in the 61.8–78.6% retrace of the NFP drop, just under the 61.55 prior high.
Support: 60.84, 60.59, 59.68
Resistance: 61.55, 61.71, 62.07
What it said to watch
H1 close above the 61.55 prior high breaks the week's lower-high cap and exposes the 61.71 wed high, then the 62.07 nfp high
Rejection at 61.55 with a close back below ema20 (~60.84) keeps the range and lower-low read intact
Failure to hold the 60.59 monday low fills the gap toward Friday's 60.35 close; 59.68 week low is the lower-low reference
ISM Services PMI Mon 14:00 UTC (f/c 55.7) and its Prices Paid component could materially shift this read via yields
00:05 UTC
Sideways, heavy below EMA20 after NFP reversal · RSI 45 · price 60.667
60.00–61.50 range, false break above on NFP then sweep below.
After Monday's slide, silver held a 60.00–61.50 range from Tuesday to Thursday. Friday's NFP miss spiked it to 62.07, a false break above the range top. NY hours fully reversed the move to a 59.676 week low as yields kept rising. The rebound has printed higher post-NFP lows and retraced to the 38.2% of that drop. Monday's Asia session gapped up from the 60.352 Friday close, but supply capped it at 60.896, the asia high and roughly the 50% level, with price sitting just under EMA20 (~60.72) and RSI(14) near 45.
Support: 60.352, 60.00, 59.676
Resistance: 60.896, 61.155, 61.545
What it said to watch
ISM Services PMI at 14:00 UTC today (f/c 55.7) could materially shift this read; a hot print shifts focus to the 60.00 psych level
H1 close above the 61.8% fib at 61.155 reopens the 61.50 range top
Losing the fri close at 60.352 fills the weekend gap and breaks the post-NFP lows line
Break below the 59.676 week low confirms a range break lower