The new scenario of potential interest rate hikes benefits the major players in the banking sector.
Santander could be on the verge of piercing pattern a large inverted head-shoulders formation to the upside.
Pro1 PREMIUM Portfolio
Resistances: €3.50, €3.72, €3.75, €3.95, €4.20, €4.65.
Supports: €3.20 €3.15, €3, €2.80, €2.65, €2.40.
Targets: (Bullish) €3.50, €3.75, €3.90, €4.40, €4.60, €5.
Trend structure in SANTANDER:
- Short term: Neutral-bullish.
- Medium term: Neutral.
- Long term: Neutral-bearish.
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