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 1.32000, continuation of uptrend is expected.
• We make sure when the resistance at 1.39742 breaks.
• If the support at 1.32000 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

• While the RSI uptrend #1 is not broken, bullish wave in price would continue.
• A peak is formed in daily chart at 1.39770 on 10/13/2022, so more losses to support(s) 1.36046, 1.34997 and minimum to Major Support (1.32000) 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 52.

Supports and Resistances:

1. 1.46600
2. 1.41950
3. 1.38344
4. 1.34997
5. 1.29590
6. 1.28183
7. 1.27277
8. 1.23010
9. 1.20060