We have a bullish bias on the H4 chart. Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . If the bullish momentum continues, price may move towards the 4173.25 resistance level , where the 78.6% Fibonacci Fibonacci line is.
Price may retest the pivot line at 3913.25, where the 50% Fibonacci line is.
There are no major news.