19:00 UTC
Uptrend, momentum cooling · RSI 58 · price 1.16134
Higher highs and higher lows since Q1, now consolidating below 1.18.
Macro regime is a weekly uptrend off the Q1 1.0220 low, with the most recent leg stalling between 1.1500 and 1.1920 since July. Price holds above a rising EMA(50) near 1.1260, keeping the broader trend structure intact, but the last two weekly closes show rejection from the 1.1850 area. RSI(14) sits in the high 50s — firmly mid-range, neither stretched nor weak.
Support: 1.1500, 1.1260
Resistance: 1.1850, 1.1920, 1.2080
What it said to watch
- Weekly close below 1.1500 range floor would break the higher-low sequence and open the path back to the ema50 near 1.1260.
- Weekly close above 1.1920 Sep wick reopens the prior high at 1.2080.
- Sustained holding of the 1.1500–1.1850 range keeps the consolidation read intact.