Trading suggestion:

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

Midterm forecast:

• 1.96415 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

• The RSI downtrend #1 is broken, so the probability of continuation of downtrend is decreased.
• A trough is formed in daily chart at 1.86935 on 03/11/2026, so more gains to resistance(s) 1.94801 and maximum to Major Resistance (1.96415) 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.

Supports and Resistances:

1. 2.24000
2. 2.16460
3. 2.13773
4. 2.10317
5. 2.07529
6. 2.04749
7. 2.01435
8. 1.99588
9. 1.96415
10. 1.94801
11. 1.91212
12. 1.86935
13. 1.84947
14. 1.82533
15. 1.80340
16. 1.77000
17. 1.72489