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 95.712, resumption of downtrend is expected.
• We make sure when the support at 86.000 breaks.
• If the resistance at 95.712 is broken, the short-term forecast -resumption of downtrend- will be invalid.

Technical analysis:

• There is a divergence in RSI and price between the peak at 94.306 on 2022-03-28 and the peak at 95.729 on 2022-04-20, the probability of uptrend continuation is decreased and the probability of resumption of downtrend is increased.
• A peak is formed in daily chart at 91.155 on 05/17/2022, so more losses to support(s) 88.860, 87.359 and minimum to Major Support (86.000) 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. 93.949
2. 92.077
3. 90.527
4. 88.860
5. 87.359
6. 86.000
7. 83.865
8. 73.100