Beiersdorf price kept its stability within the bullish channel levels, in spite of suffering negative pressures by stochastic reach below 50 level, by the above image, we notice the price fluctuation above the initial support at 110.90, to increase the chances of gathering a new positive momentum, reinforcing the attempts of reaching the positive targets that are represented by 111.90 reaching to 112.70 level.

Note that the price attempt to reach below the current support, so that will confirm its surrender to the bearish correctional bias domination, targeting the bullish channel support at 110.10.

The expected trading range for today is between 110.90 and 111.90

The expected trend for today: Bullish