Medium term view - BANKING (STXE600) : The 38% retracement is causing the fall.
The trend has been momentarily interrupted by a correction. Prices just hit the resistance, it is probably resuming. The next target is at 145.13 pts. The invalidation level is above 180.30 pts.Arguments :
- The major resistance has been reached, it causes the fall.
- The 38% retracement is causing the fall.
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