19:01 UTC
Broad range, mid-range drift · RSI 47 · price 1.37612
Multi-quarter range, sequence of lower highs since Feb peak.
Range-bound between 1.3540 and roughly 1.4140 since April, with the early-Feb 1.4593 spike now looking like a rounded top capping the multi-quarter regime. Price sits mid-range at 1.3761, hovering near both EMA20 and EMA50 on W1, which themselves have flattened — macro trend has neutralised after the late-2024 advance. RSI(14) is mid-40s, well away from extremes, consistent with the sideways read.
Support: 1.3540, 1.3480, 1.3700
Resistance: 1.3940, 1.4140, 1.4590
What it said to watch
- Weekly close above 1.3940 prior high would break the lower-high sequence and re-open the upper range
- Weekly close below 1.3540 range low confirms a multi-quarter breakdown toward 1.3480
- USMCA auto-content proposal and ongoing US-Iran headlines are macro catalysts that could shift the regime read