The price is showing a slight positive formation in an attempt to move away from the 4480.00 level, reinforcing expectations for the continuation of the overall positive scenario, which is supported by the SMA 50, while the next target is at 4900.00.
Stability above 4480.00 is important for the continuation of the expected rally.
The trading range for today is among the support at 4480.00 and resistance at 4900.00
The general trend for today is bullish