Trading suggestion:

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

Midterm forecast:

• 1.16915 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

• While the RSI uptrend #1 is not broken, bullish wave in price would continue.
• A trough is formed in daily chart at 1.15145 on 01/23/2026, so more gains to resistance(s) 1.19340, 1.23400, 1.26600 and more heights 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 72.

Supports and Resistances:

1. 1.19340
2. 1.18310
3. 1.16915
4. 1.15992
5. 1.15145
6. 1.14167
7. 1.10690
8. 1.09880
9. 1.08835
10. 1.08058
11. 1.07246
12. 1.06500
13. 1.05660