21:01 UTC
Uptrend, recovering from mid-range pullback · RSI 58 · price 1.17868
Higher-low rebuild after sweep of 1.1655.
Price has rebuilt a higher-low sequence off the 1.1655 range low sweep and is pressing back toward the upper edge of the multi-week 1.1655–1.1849 range. Both EMA20 and EMA50 sit below price with a fresh bullish slope, and ATR(14) near 26 pips reflects a steady, non-compressed regime. The structural read shifts only if the prior high cluster at 1.1796–1.1811 caps cleanly or if 1.1722 gives way.
Support: 1.1744, 1.1722, 1.1655
Resistance: 1.17965, 1.18108, 1.18488
What it said to watch
- H4 close above 1.1811 opens range high at 1.1849
- Loss of 1.1722 swing low breaks the higher-low sequence
- US CPI on Tuesday could materially shift this read