TA touching the 50% fibo line

On our weekly chart below, you can see that TA touched the 2.18 resistance on the 50% fibo line. Observe also that the Bolinger band is near that price which also acts as a resistance. Looking at the RSI at 58, we can conclude that it can go 2.38 to 2.65 because it's still far from overbought. The immediate support is at 1.99 (38.2% of fibo line) down to 1.88 (Base line of Ichimoku).