Allianz price formed a new bullish wave in its last trading, surpassing 215.25 level, reinforcing its affection by the expected bullish bias domination, the trading might extra the trading to 222.20 level, to form the initial positive station, and surpassing it will open the way towards achieving more of the targets that begin at 234.15.
By the above chart, we notice stochastic attempt to build new bullish wave, to move the overbought level, to increase the chances for gaining the required positive momentum to achieve the mentioned positive targets.
The expected trading range for today is between 215.00 and 222.200
The expected trend for today: Bullish