$MUV2:GR

Screen Shot 2017-04-24 at 4.50.29 pm

Munich RE has broken above a resistance of about €185. If it stays above with strength, next target is its 23.6% fib retracement level of €190, followed by €206, its 2015 top. It reports next earnings on 09 May 2017. Bulls have to be aware if it breaks that clearly defined support line.