21:03 UTC
Uptrend stalling, breaking lower · RSI 39 · price 0.70417
Range breakdown after lower highs.
The two-month uptrend from the late-February 0.6833 low peaked at 0.7277 in late April, then drifted into a 0.713-0.720 range over the last several weeks. Today's session sliced through the 0.7120 pivot and the 50-day EMA after the firm US NFP print, closing at 0.70417 — the lowest in roughly two months and confirming a range breakdown. RSI has rolled toward 39, with momentum tilting lower but not yet stretched.
Support: 0.7040, 0.70372, 0.6950
Resistance: 0.7120, 0.7165, 0.72772
What it said to watch
- A daily close back above 0.7120 would invalidate the breakdown and reopen the 0.7150-0.7165 cap
- Failure to hold 0.7040 floor exposes the broader 0.6950 swing
- US CPI Jun 10 and mid-June RBA decision could materially shift this read