EUSTX50 is heading towards a price line of 3544.0000 and could reach this point within the next 16 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
Breach of support could mean a start of a bearish trend on FTSE 100
You would be well advised to confirm the breakout that has just occurred – do you believe the…
US 500 keeps moving closer towards 5896.3398. Will it finally breach this level?
US 500 is moving towards a support line. Because we have seen it retrace from this level in…
US 500 – approaching a resistance line that has been previously tested at least twice in the past
US 500 is moving towards a resistance line which it has tested numerous times in the past. We…