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 82.000, resumption of downtrend is expected.
• We make sure when the support at 77.900 breaks.
• If the resistance at 82.000 is broken, the short-term forecast -resumption of downtrend- will be invalid.

Technical analysis:

• The RSI support #1 at 48 is broken, so the probability of resumption of downtrend is increased.
• A trough is formed in daily chart at 78.78 on 12/03/2021, so more gains maximum to Major Resistance (82.00) 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 46.

Supports and Resistances:

1. 86.00
2. 84.95
3. 84.00
4. 82.00
5. 81.25
6. 73.10