UK: Dixons prepares to decline – Analysis – 23-7-2019

Dixons shares price confirmed keeping the bearish bias domination by providing many negative closings recently below the bearish channel’s resistance at 125.35, also, stochastic reach to the overbought areas confirms ending the positive pressures, to allow the price to gather new negative momentum and increase the chances of reaching the main negative stations at 109.40 followed by 95.20.

The expected trading range for today is between 123.60 and 109.40

The expected trend for today: Bearish