22:47 UTC
Uptrend stalled, correcting from October high · RSI 50 · price 0.82419
Two-week range 0.8192–0.8313 below a lower high, holding above EMA(50).
The advance from the mid-August low near 0.7950 to the mid-October high at 0.8395 has stalled. Since then the pair has ranged between 0.8192 and 0.8313 for two weeks, and the monthly low has held three times, including Friday's dip to 0.8194. This week's lower high at 0.8313 formed into the Fed hold and faded as US yields slid on the AI-tech sell-off. Price now sits just above EMA(50) near 0.8230 and below EMA(20) at 0.8263, close to the 38.2% retracement of the August–October leg, with RSI flat near 50.
Support: 0.8230, 0.8192, 0.8172
Resistance: 0.8263, 0.8313, 0.8395
What it said to watch
- Daily close below the 0.8192 monthly low breaks the range floor and exposes the fib 50% level at 0.8172
- Close above the 0.8313 lower high reopens the oct high at 0.8395
- Sustained closes below EMA(50) at 0.8230 would turn the D1 swing filter negative and test the uptrend support line
- Reclaiming EMA(20) at 0.8263 would return price to the upper half of the range
- US ISM (Mon) and Swiss CPI (Tue) could materially shift this read; a hot Swiss print targets the monthly low