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 1.41535, resumption of uptrend is expected.
• We make sure when the resistance at 1.48304 breaks.
• If the support at 1.41535 is broken, the short-term forecast -resumption 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 1.47580 on 09/22/2022, so more losses to support(s) 1.44522, 1.43585, 1.42416 and minimum to Major Support (1.41535) 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. 1.54200
2. 1.52200
3. 1.51121
4. 1.49550
5. 1.48304
6. 1.44522
7. 1.40607
8. 1.35900
9. 1.32650