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Wednesday 25 May 2022
FWP Network > Forexhound.com > Analysis > Stock Market Analysis > Indices > Technical forecast for Schatz
Technical forecast for Schatz
Indices · analysis, binary option, buy sell, candlestick, charts, day trade, day trading, down trend, fibonacci, forecast
Schatz very much stuck in a range. We held support at 110.42/41 & resistance at 110.46. Above here look for 110.49. This should be a challenge & could mark the high for the day. However be ready to go with a break higher for a selling opportunity at 110.54/55.
Support at 110.42/41 should hold the downside but on a break lower look for 110.37/36. Failure here then risks a slide to good support at 110.29/28 for a buying opportunity.