Trading suggestion:

Price is below the Trend Hunter Buy Zone (0.94340 to 0.93807).

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

• Beginning of entry zone (0.94340)
• Ending of entry zone (0.93807)

Midterm forecast:

• While the price is above the support 0.86650, beginning of uptrend is expected.
• We make sure when the resistance at 0.97552 breaks.
• If the support at 0.86650 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

• A peak is formed in daily chart at 0.92870 on 02/14/2023, so more losses to support(s) 0.88165 and minimum to Major Support (0.86650) 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 26.

Take Profits:

1. 0.96543
2. 0.97552
3. 0.99724
4. 1.01573
5. 1.03135
6. 1.05212