Economies.com provides the latest technical analysis and forecast of the European stocks, in order to keep track of the trend of the EU stocks.
Dixons price gained a strong positive momentum, due to stochastic rally to the overbought level, to notice forming a strong bullish attack surpassing the barrier at 123.70, to begin recording the positive targets by hitting 135.55 level.
We expect forming an extra support at 127.85 level, renewing the attempts of the bullish rally to allow it to achieve more of the positive targets by reaching 139.40 and 145.70.
The expected trading range for today is between 129.75 and 139.40
The expected trend for today: Bullish