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 81.900, resumption of uptrend is expected.
• We make sure when the resistance at 85.750 breaks.
• If the support at 81.900 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

• A trough is formed in daily chart at 84.17 on 01/24/2022, so more gains to resistance(s) 85.17 and maximum to Major Resistance (85.75) 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 55.

Supports and Resistances:

1. 85.17
2. 80.90
3. 80.40
4. 79.85
5. 78.60
6. 76.20
7. 74.25