Euro Stoxx less than positive Doji in overbought conditions triggered more significant losses than expected. We broke first support at 3755/45 but held a tick above the next support at 3720/10
Euro Stoxx hit and held support at 3720/10. Stop below 3700. A break lower targets 3690 and 3675 with a buying opportunity at 3565/55.
Longs at 3720/10 target 3740/43 and resistance at 3752/56. Shorts need stops above 3760 to re-target 3786/90 then 3798/3802.
Trends
Weekly outlook is positive
Daily outlook is positive
Short Term outlook is neutral