General overview for 26/11/2015 09:50 CET
The ending diagonal pattern probably needs only one sub-wave lower to complete. The target is still at the level of 129.50, but the bullish divergence between the price and momentum indicator supports the rebound scenario.
Support/Resistance:
129.48 - WS2
129.76 - Intraday Support
129.96 - WS1
130.47 - Intraday Resistance
130.78 - Intraday Resistance
Trading recommendations:
Daytraders should wait for the TP at the level of 129.50 to be hit.
