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Euro Stoxx: Try Longs With Stops Below 3530

Published 02/01/2018, 06:10 AM
Updated 07/09/2023, 06:31 AM
STOXX50
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Euro Stoxx Weekly Chart

Euro Stoxx 50 holds good support at 3596/92 but risks remain to the downside. A break below 3580 is a sell signal targeting 3570 and 3555 before support at 3545/40. Try longs with stops below 3530.

Holding good support at 3596/92 re-targets minor resistance at 3613/15 before strong resistance at 3625/29. A high for the day very likely but shorts need stops above 3640. Further gains however test resistance at 3646/50.

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