Trading suggestion:

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

Midterm forecast:

• While the price is below the resistance 165.5, continuation of downtrend is expected.
• We make sure when the support at 87.0 breaks.
• If the resistance at 165.5 is broken, the short-term forecast -continuation of downtrend- will be invalid.

Technical analysis:

• The RSI uptrend #1 is broken, so the probability of continuation of downtrend is increased.
• A peak is formed in daily chart at 154.5 on 02/21/2023, so more losses to support(s) 105.0, 95.0 and minimum to Major Support (87.0) 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 28.