BNP Paribas heading towards March lows? BNP Paribas
Short Term
We look to Sell at 46.44 (stop at 48.31)
Preferred trade is to sell into rallies. Selling continued from the 61.8% pullback level of 54.52. Previous support level of 46.50 broken. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 39.42 and 34.10
Resistance: 46.50 / 54.50 / 62.00
Support: 44.40 / 40.00 / 35.00
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