BNP shares price ended its negative attack by testing the bullish channel’s support line at 41.05 and providing positive close to increase the chances of renewing the bullish attempts in the near term and medium term period, expecting stochastic to exit the overbought areas to gather new positive momentum and rally above 42.10 obstacle followed by attempting to reach the moving average 55 by targeting 43.20 level.

On the other hand, declining below the current support and providing negative close will confirm renewing the negative attempts to suffer more losses by moving towards 40.00 level followed by reaching 38.00 level in the upcoming period.

The expected trading range for today is between 41.05 and 42.10

The expected trend for today: Bullish