While the price is above the support of 1676.70, a resumption of an uptrend is expected. We make sure when the resistance at 1916.50 breaks. If the support at 1676.70 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis:
A trough is formed in the daily chart at 1684.50 on 08/09/2021, so more gains to resistance(s) 1789.55, 1828.25, 1848.50, and maximum to Major Resistance (1916.50) is expected. Price is below WEMA21; if the price rises more, this line can act as dynamic resistance against more gains. The relative strength index (RSI) is 47.