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 surprised by a strong positive pressure, due to stochastic rally towards 20 level, which forces it to form a bullish correctional rebound approaching from the main resistance at 115.65 level.
The upcoming scenario depends on the strength of this resistance, if this resistance settle, the price will begin forming a strong negative trading, to target several negative levels that begin at 105.50 reaching to 101.30.
The expected trading range for today is between 115.60 and 105.50
The expected trend for today: Bearish