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 0.94521, resumption of uptrend is expected.
• We make sure when the resistance at 1.00600 breaks.
• If the support at 0.94521 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

• The double tops taking shape.
• A trough is formed in daily chart at 0.94945 on 06/29/2022, so more gains to resistance(s) 0.97712, 0.99000 and maximum to Major Resistance (1.00600) 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 59.

Supports and Resistances:

1. 0.94521
2. 0.93043
3. 0.91937
4. 0.90850