09:16 UTC
Uptrend, consolidating below range top · RSI 55 · price 1.17868
Higher highs/higher lows since mid-Feb low, ranging since mid-April.
Multi-month uptrend off the mid-February 1.1410 low, with price holding above a rising EMA(50) since late February. Last three weeks have compressed into a 1.1660–1.1850 range, and Friday's NFP-driven push retested the 1.1790 range top after the soft USD reaction. RSI(14) sits mid-50s, neutral, mirroring the sideways tape rather than fresh momentum.
Support: 1.1720, 1.1660
Resistance: 1.1790, 1.1850
What it said to watch
- Daily close above 1.1790 range top reopens path to 1.1850 apr high
- Daily close below 1.1660 swing low breaks the higher-low chain
- Next week's US CPI release could materially shift this read