Trading suggestion:

• We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

Midterm forecast:

• While the price is above the support 0.90500, beginning of uptrend is expected.
• We make sure when the resistance at 0.93750 breaks.
• If the support at 0.90500 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

• There is a divergence in RSI and price between the trough at 0.92594 on 2021-06-04 and the trough at 0.91391 on 2021-08-02, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
• A peak is formed in daily chart at 0.9315 on 09/20/2021, so more losses minimum to Major Support (0.9050) 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 35.

Take Profits:

1. 0.9375
2. 0.9465
3. 0.9540
4. 0.9650
5. 0.9760
6. 0.9900
7. 0.9990