Belgium-AB keeps the positivity – Analysis – 13-3-2019

The AB price confirmed by its repeated stability above 69.75 support its readiness to form a strong bullish attack by forming the inverted head and shoulders pattern, reminding you that the stability of the initial positive target at 74.30 and gathering a new positive momentum might make the price succeed to reach 50% Fibonacci correction level at 78.92.

The fluctuation of the moving average 55 below the current support confirms the price confinement within the bullish range, to increase the strength of the support, to end any chance for changing the main trend before reaching the suggested main targets.

The expected trading range for today is between 71.20 and 74.30

The expected trend for today: Bullish