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 peak is formed in daily chart at 1.21475 on 03/17/2026, so more losses to support(s) 1.17940 and minimum to Major Support (1.16915) is expected.
• Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
• Relative strength index (RSI) is 51.

Supports and Resistances:

1. 1.19790
2. 1.17940
3. 1.16915
4. 1.15992
5. 1.15145
6. 1.14168
7. 1.10690
8. 1.09880
9. 1.08835
10. 1.08058
11. 1.07246
12. 1.06500
13. 1.05660