Allianz price get advantage from forming an extra support level at 195.60 level, to end the negative bleeding and keeps its stability within the main bullish channel levels that appear in the above image.

Stochastic exit from the oversold level supports surpassing the negative pressures, to support the attempts of renewing the bullish attack, to expect targeting 207.10 level reaching to 50% Fibonacci correction level at 215.30.

The expected trading range for today is between 197.60 and 207.10

The expected trend for today: Bullish