#USUAL
Technical Analysis:
1. RSI: 61.55 value indicates moderate strength near overbought area.
2. Stochastic RSI: at 36.15 with a possible bullish crossover.
3. MACD: Weak bearish momentum, may reverse in case of a positive crossover.
4. Bollinger Bands: Price is above the middle line, indicating a possible bullish trend.
5. Moving Averages (MA): Shows bullish support in the short term.
Recommendations:
For speculation: Buy on breakout of 1.21 and target 1.25 with stop loss below 1.18.
For investment: Buy on price rebound towards 1.18 and target 1.30.
Caution: Breaking support at 1.18 may indicate a bearish reversal.