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 144.020, beginning of downtrend is expected.
• We make sure when the support at 133.145 breaks.
• If the resistance at 144.020 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

• While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low.
• A peak is formed in daily chart at 144.265 on 06/28/2022, so more losses to support(s) 139.990, 138.110, 136.552 and minimum to Major Support (133.145) 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 50.

Supports and Resistances:

1. 139.990
2. 138.110
3. 134.880
4. 131.629
5. 127.474
6. 124.493