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 above the support 130.650, resumption of uptrend is expected.
• We make sure when the resistance at 134.100 breaks.
• If the support at 130.650 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

• The RSI resistance #1 at 60 is broken, so the probability of resumption of uptrend is increased.
• A trough is formed in daily chart at 128.33 on 10/06/2021, so more gains to resistance(s) 132.71 and maximum to Major Resistance (134.10) is expected.
• Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
• Relative strength index (RSI) is 72.

Supports and Resistances:

1. 137.50
2. 129.15
3. 128.50
4. 127.95
5. 126.60
6. 125.25
7. 124.40
8. 122.85
9. 121.60
10. 119.30
11. 117.10