21:43 UTC
Uptrend stalling, transitioning to range · RSI 50 · price 0.82453
Aug–Oct HH/HL chain paused; lower high 0.8313 below Oct high 0.8395, twin lows near 0.8192.
The rally from the Aug 20 low at 0.7950 topped at the 0.8395 oct high on Oct 14. The Oct 15 close then broke the rising trendline from August. Since then, a lower high at 0.8313, set before the pair reversed on the Fed hold, and twin lows at the 0.8192 monthly low have framed a two-week range. That range runs through a third weekly USD loss. Price closed between a flattening EMA20 at 0.8264 and the still-rising EMA50 at 0.8230, with Friday's rejection of 0.8194 leaving RSI neutral near 50.
Support: 0.8230, 0.8192, 0.8052
Resistance: 0.8264, 0.8313, 0.8395
What it said to watch
- Daily close below the 0.8192 monthly low would confirm a lower low beneath the lower high, exposing the 50% aug–oct rally fib at 0.8172 and then the sep low at 0.8052
- Close above the 0.8313 lower high (and the lower-high line from the oct high) would mark 0.8192 as a base and reopen 0.8395
- Sustained trade below EMA50 at 0.8230 would flip the D1 swing-trend filter
- Recapture of EMA20 at 0.8264 needed to ease the range-top pressure
- US ISM Mon, midterms Tue and Swiss CPI Tue 07:30 UTC could materially shift this read