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 below the resistance 1.96000, beginning of downtrend is expected.
• We make sure when the support at 1.91760 breaks.
• If the resistance at 1.96000 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

• The RSI support #1 at 45 is broken, so the probability of beginning of downtrend is increased.
• A peak is formed in daily chart at 1.9336 on 09/06/2021, so more losses to support(s) 1.9440 and minimum to Major Support (1.9176) 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 40.

Supports and Resistances:

1. 2.1030
2. 2.0000
3. 1.9770
4. 1.9440
5. 1.8120