(CercleFinance.com) – Airbus is advancing by +4% towards 122.8E and reentering the 122/125E summit consolidation corridor, canceling the bearish signal from the previous day (with a close around 118E which left no ambiguity).
It may be a ‘bear trap’ (trap for sellers) but at 122E, Airbus does not validate any directional signal (while the day before, a consolidation towards 107.3E – support from 28/11 and 8/12/2022 – seemed to take shape).
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