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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:

• 78.700 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

• The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
• While the RSI uptrend #2 is not broken, bullish wave in price would continue.
• A peak is formed in daily chart at 79.95 on 10/30/2019, so more losses minimum to Major Support (78.70) 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 60.