Trading suggestion:

Price is in the Trend Hunter Buy Zone (0.9755 to 0.9665).

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

• Beginning of entry zone (0.9755)
• Ending of entry zone (0.9665)

Midterm forecast:

• While the price is above the support 0.96650, resumption of uptrend is expected.
• We make sure when the resistance at 1.01490 breaks.
• If the support at 0.96650 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

• A peak is formed in daily chart at 0.9944 on 11/15/2021, so more losses minimum to Major Support (0.9665) 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 31.

Take Profits:

1. 0.9898
2. 1.0000
3. 1.0115
4. 1.0191
5. 1.0415
6. 1.0535