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Trading suggestion:

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

Midterm forecast:

• 0.76850 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

• The RSI bounced from the support #1 at 29 and it prevented price from more losses.
• While the RSI downtrend #2 is not broken, bearish wave in price would continue.
• A trough is formed in daily chart at 0.7410 on 05/09/2018, so more gains to resistance(s) 0.7625, 0.7760, 0.7895 and more heights 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 43.