Long term: higher

On a monthly basis, the status for our 7 / 23 months moving averages is a bullish A type crossover. Stochastic and MCD are oversold. With Bollinger bands, the pattern in progress is a bullish parallel one.

Idea: out below PW (98.503)

R = UW (98.958), +++;        S= PW (98.503)

Medium term: bullish parallel pattern

On a weekly basis, a bullish parallel pattern is in progress.

Idea: use bullish parallel rules but out below PW (98.503)

R = UW (98.958);            S = PW (98.503)

Short term: rise

On a daily basis, Bollinger bands spread is not minimal. The status for our 7 / 23 months moving averages is a bullish non-crossover. Our stochastic and MACD are up. As long as our MACD is not overbought, the rise in progress will continue.

Idea: towards UW (98.958) or above.

R = UW (98.958); S = MD (98.592)

Conclusion: ECB will act again.