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Sberbank Analysis 04.03.2019

04.03.2019

Market Review

Sberbank is trading sideways between 202.03 and resistance at 210.93 where the price is moving between the 50-20 moving averages

The SMA 50 is a support level near 200.00 while SMA 20 is price resistance at 210.93

Stochastic is in a bullish upward direction and is a positive pressure on the pair to rise and test resistance at 210.93

Expected movement between 193.75 support and resistance. 219.42

The general trend of the movement: upward

Author: admin
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