UK- Dixon moves away from the resistance– Analysis – 5-8-2019

Dixon shares price formed a clear negative attack to move away from the bearish channel’s resistance at 126.00, recording the initial negative targets by reaching 113.60, the stability of the moving average 55 near the main resistance confirms the price confinement within the negative range, to expect renewing the bearish target by surpassing the current barrier and targeting 107.60 and 100.00 level.

The expected trading range for today is between 116.70 and 107.60

The expected trend for today: Bearish