The pair staged a modest intraday bounce after testing the 1.1550 support zone.<\/p>\n\n\n\n
Technical outlook (4H):
\u2022 RSI is attempting to unwind oversold conditions, showing early stabilisation.
\u2022 Price action remains capped by descending trendline resistance, and the 50\/100 SMAs continue to act as dynamic hurdles, preserving downside pressure.<\/p>\n\n\n\n
Base case:
\u2022 While below 1.1600 (and more broadly 1.1620), the path of least resistance remains lower.
\u2022 A clean break and 4H close beneath 1.1550 would open 1.1500, then 1.1450.<\/p>\n\n\n\n
Alternative:
\u2022 Sustained traction back above 1.1600\/1.1620 would neutralise immediate downside risk and allow a corrective push toward 1.1675.<\/p>\n\n\n\n
Risk note: <\/p>\n","protected":false},"excerpt":{"rendered":" The pair staged a modest intraday bounce after testing the 1.1550 support zone. Technical outlook (4H):\u2022 RSI is attempting to unwind oversold conditions, showing early stabilisation.\u2022 Price action remains capped by descending trendline resistance, and the 50\/100 SMAs continue to act as dynamic hurdles, preserving downside pressure. Base case:\u2022 While below 1.1600 (and more broadly …<\/p>\n","protected":false},"author":9,"featured_media":120469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[],"class_list":["post-120463","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120463"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120463\/revisions"}],"predecessor-version":[{"id":120470,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120463\/revisions\/120470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120469"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Volatility risk is elevated amid ongoing trade tensions; scenario probabilities can shift quickly. Manage position size and stops accordingly.
Risk Disclaimer:<\/strong> Trading CFDs involves risks, and therefore the scenarios outlined above are not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.<\/p>\n\n\n\nS1: 1.1535<\/strong><\/td> R1: 1.1625<\/strong><\/td><\/tr> S2: 1.1495<\/strong><\/td> R2: 1.1675<\/strong><\/td><\/tr> S3: 1.1445<\/strong><\/td> R3: 1.1720<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/p>\n\n\n\n