Trading suggestion:

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

Midterm forecast:

• 1.89570 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

• A peak is formed in daily chart at 1.94005 on 03/27/2026, so more losses to support(s) 1.84947, 1.82533, 1.80340 and more depths 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 37.

Supports and Resistances:

1. 2.24000
2. 2.16460
3. 2.13773
4. 2.10317
5. 2.07529
6. 2.04749
7. 2.02859
8. 1.99588
9. 1.96415
10. 1.94005
11. 1.91485
12. 1.89570
13. 1.86935
14. 1.84947
15. 1.82533
16. 1.80340
17. 1.77000
18. 1.72489