Trading suggestion:

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

Midterm forecast:

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

Technical analysis:

• A trough is formed in daily chart at 75.23 on 01/28/2022, so more gains maximum to Major Resistance (76.60) 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 42.

Supports and Resistances:

1. 83.85
2. 82.52
3. 80.15
4. 78.61