LVMH - Key moment for the correction

Zebulon92600

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LVMH just broke its downtrend line but the price need to break the resistance at 131.94 (which corresponds to 38.20% fibonacci retracement) for a pursuit of the correction towards 134.99.

If the price failed to break the resistance and falls below the retracement 23.60% at 128.91, a resumption of the downtrend is expected towards 126 and 125 points.

Zebulon, fan of CentralCharts.com

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