In spite of the stability of BMW price within a main bearish channel and the continuation of providing negative pressures by the main indicators, but we notice that it begins to form a positive rebound, hence it faces a historical critical support at 71.35.

So the stability of the critical support will confirm the price readiness to build a strong bullish rebound in the near period, to expect targeting 79.10 level, then attempt to reach to the moving average 55 at 82.80.

Expected trading range for today is between 73.05 and 79.10

Expected trend for today: Bullish