Deutsche Bank reaches an important level of resistance. This level could contain the upward trend in the short term.

Graphically, the stock went through a period of rebound in recent sessions towards the EUR 37.1 short term resistance. It could act as a stopping point of the upward movement. This scenario suggests a return to the EUR 32.5 support area which will be a bearish objective.

Therefore, the most offensive investor can benefit from the technical configuration to take a short position. The objective will be fixed near to the EUR 32.5 support. The stop loss will be set above EUR 38.5.