France: Continental shares keeps the bullish bias – Analysis – 30-5-2016

The continental shares price repeated providing positive closes above 180.00 level, to confirm the domination of the bullish bias until this moment, reminding you that monitoring the price behavior until reaching 196.90, due to the importance of this level by detecting the main trend in the upcoming period.

While surpassing the suggested target will open the way towards recording new positive attack and attempt to reach 210.85 as a next target, and its stability might force the price to threaten the support at 180.00, which increases the chances of regaining the bearish bias.

Expected trading range for today is between 185.60 and 196.90.

Expected trend for today: Bullish.