Although the severe price correction occurred in the previous sessions, the short term trend is still bullish and a rise to 55.5068 is expected.
MEDIUM TERM COMMENTARY
Medium term price trend Bayer AG change from bearish to bullish this week. This market keeps a relative behavior greater 9.6896 than XETRA DAX INDEX. Volatility has been increasing during last month. Be alert to the proximity of resistance 56.79, and a possible retracement from this level.