09:20 UTC
Uptrend, strong momentum · RSI 71 · price 0.72475
Higher highs and higher lows from 0.59 base.
Strong uptrend regime in place since the April 2025 low at 0.5913, with price rallying nearly 1300 pips into the 0.7280 area. Both EMA(20) and EMA(50) on W1 are rising and stacked beneath price — macro structure firmly constructive after the breakout above the 0.6650 zone in late Q4. RSI is in overbought territory above 70, signalling extension rather than exhaustion at this stage.
Support: 0.7100, 0.6650
Resistance: 0.7280, 0.7400
What it said to watch
- Weekly close back below 0.7100 psych level would mark first lower-low since April
- Sustained acceptance above 0.7280 range high opens the path toward 0.7400
- RSI rolling out of overbought while price stalls would flag momentum cooling