Air Liquide drops should attract buyers.Air Liquide - 30d expiry - We look to Buy at 115.12 (stop at 111.78)
The primary trend remains bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Support is located at 115 and should stem dips to this area.
We are trading at oversold extremes.
Our profit targets will be 123.88 and 126.88
Resistance: 120 / 125 / 130
Support: 115 / 110 / 105
Weekly perspective
Disclaimer – Saxo Bank Group.
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