Germany- Adidas recovers again– Analysis – 6-9-2019

Adidas price confirmed its readiness to renew the bullish attempts by surpassing the barrier at 272.50, to begin the positive recover by hitting 279.30 level, and the stability of the price within the bullish channel levels makes us prefer more of the positive trading, targeting 296.70 level, and surpassing this barrier might succeed to test the bullish channel resistance at 310.30.

The expected trading range for today is between 273.00 and 296.70

The expected trend for today: Bullish