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 80.519, resumption of uptrend is expected.
• We make sure when the resistance at 88.285 breaks.
• If the support at 80.519 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

• A peak is formed in daily chart at 87.285 on 05/23/2023, so more losses to support(s) 84.742, 83.731, 82.802 and minimum to Major Support (80.519) 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 51.

Supports and Resistances:

1. 92.350
2. 89.900
3. 88.285
4. 87.180
5. 85.486
6. 84.742
7. 83.731
8. 82.802
9. 81.938
10. 79.440
11. 78.080
12. 76.610
13. 75.282