Every read JAFX AI made on the EUR/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:01 UTC
Uptrend, momentum slowing near highs · RSI 60 · price 1.15571
Higher highs / higher lows, consolidating below range top.
Higher-high, higher-low structure intact since the mid-window 1.1353 base, with EUR leg higher driven by Friday's shock -23K US NFP that priced out Fed hike bets. Price tagged 1.1580 then eased back into the 1.1560/1.1565 resistance cluster, where follow-through has stalled. ATR is expansionary, consistent with the recent trend push rather than compression.
Support: 1.1520, 1.1495, 1.1435
Resistance: 1.1565, 1.1580, 1.1600
What it said to watch
- H4 close above 1.1580 opens the path toward the 1.1600 psych level
- Loss of 1.1520 swing low would mark a lower-low and shift into range trade toward 1.1495
- US CPI Wed Aug 12 could materially reprice this read
21:01 UTC
Uptrend, extending after breakout · RSI 61 · price 1.15571
Higher highs and higher lows, consolidating near range top.
EUR/USD extended its multi-day uptrend after the shock -23K US NFP forced an unwind of hawkish-Fed positioning, driving the pair through the 1.1500 area to a 1.1580 swing high. Price is now consolidating just under the 1.1565 pivot cluster after rejecting the high, with ATR(14) still elevated from the payroll spike. Higher-low structure remains intact off the late-July 1.1353 base.
Support: 1.1514, 1.1500, 1.1455
Resistance: 1.1565, 1.1580, 1.1600
What it said to watch
- H4 close above 1.1580 opens the path toward the 1.1600 round number
- Failure to hold 1.1514 swing low shifts the read back toward range trading
- US CPI Wed could materially shift this read via the Fed-repricing driver