Found support, ready for the rebound to 148.427

1 Jun 2018The price has found an excellent cushion level just above the 106.323 1W support since our last analysis. You see that the Fibonacci levels are working to perfection in determining the Lower High, which each time is located just above the 0.5000 extension (check the yellow horizontal rays). 1H is already picking up on pace (Highs/Lows = 0.2079, B/BP = 1.1320) as 4H is consolidating (neutral RSI = 50.613, STOCHRSI = 54.721, CCI = 14.3271, Highs/Lows = 0.000) having formed the support base. Our Tp remains 148.427.