Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (1.22207 to 1.22460). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

• Beginning of entry zone (1.22207)
• Ending of entry zone (1.22460)

Midterm forecast:

• While the price is below the resistance 1.22460, beginning of downtrend is expected.
• We make sure when the support at 1.19180 breaks.
• If the resistance at 1.22460 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

• While the RSI uptrend #1 is not broken, bullish wave in price would continue.
• A peak is formed in daily chart at 1.22460 on 05/18/2026, so more losses to support(s) 1.21020, 1.20215 and minimum to Major Support (1.19180) 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 59.

Take Profits:

1. 1.21020
2. 1.19180
3. 1.17940
4. 1.16915
5. 1.15992
6. 1.15145
7. 1.13908
8. 1.10690
9. 1.09880
10. 1.08835
11. 1.08058
12. 1.07246
13. 1.06500
14. 1.05660