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Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (4.5545 to 4.4500). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

• Beginning of entry zone (4.5545)
  • Support on 05/22/2018
  • Support on 05/23/2018
  • Support on 05/24/2018
  • Support on 05/28/2018
  • Resistance on 05/30/2018
  • Resistance on 05/31/2018
  • Resistance on 06/07/2018
  • Support on 06/25/2018
  • Support on 06/29/2018
• Ending of entry zone (4.4500)
  • Resistance on 05/15/2018
  • Resistance on 05/16/2018
  • Support on 05/18/2018
  • Support on 05/30/2018
  • Support on 05/31/2018
  • Support on 06/07/2018
  • Support on 06/11/2018

Midterm forecast:

• There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 4.17500 would begin in Midterm.

Technical analysis:

• While the RSI uptrend #1 is not broken, bullish wave in price would continue.
• Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
• Relative strength index (RSI) is 48.

Take Profits:

1. 4.6770
   • Resistance on 07/05/2018
   • Resistance on 07/04/2018
   • Resistance on 07/03/2018
   • Resistance on 06/13/2018
   • Resistance on 06/04/2018
   • Support on 05/25/2018
2. 4.8035
   • Resistance on 05/25/2018
   • Resistance on 05/24/2018
3. 4.9225
   • Resistance on 05/23/2018
4. 5.0000