Economies.com provides the latest technical analysis and forecast of the European stocks, in order to keep track of the trend of the EU stocks.
Henkel price resisted the negative pressures in its last trading by providing repeated positive closes above the critical support at 82.20, to get advantage from 23.6% Fibonacci correction level stability at 83.85, to begin recording some targets by hitting 85.90 level.
And stochastic attempt to provide a new positive momentum by its fluctuation above 50 level, we expect forming a new bullish fluctuation, to target more of the positive levels that begin at 87.10 and 89.00.
The expected trading range for today is between 84.70 and 87.10
The expected trend for today: Bullish