A price action above 104.00 supports a bullish trend direction.
Further bullish confirmation for a break above 104.50, which is also its 50% Fibonacci retracement level.
The target price is set at 107.00 (its 38.2% Fibonacci retracement level).
The stop-loss price is set at 103.00.
The MACD bullish crossover supports a change in trend direction.
Further bullish confirmation for a break above 104.50, which is also its 50% Fibonacci retracement level.
The target price is set at 107.00 (its 38.2% Fibonacci retracement level).
The stop-loss price is set at 103.00.
The MACD bullish crossover supports a change in trend direction.