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Trading suggestion:

• By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

Midterm forecast:

• While the price is below the resistance 1.82750, beginning of downtrend is expected.
• We make sure when the support at 1.77000 breaks.
• If the resistance at 1.82750 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

• A trough is formed in daily chart at 1.7452 on 01/20/2020, so more gains to resistance(s) 1.8080 and maximum to Major Resistance (1.8275) is expected.
• Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
• Relative strength index (RSI) is 68.