EUSTX50 has broken through a line of 3539.0000 and suggests a possible movement to 3467.5000 within the next 16 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 27 days.
Related Posts
A possible move on Nikkei 225 as it heads towards resistance
Emerging Channel Down pattern in its final wave was identified on the Nikkei 225 1 hour chart. After…
DAX 40 heading towards a price it has tested 4 times in the recent past.
DAX 40 is approaching a resistance line at 23791.3008. If it hits the resistance line, it may break…
Nikkei 225 may be on a start of a new bearish trend after its breakout through this important support level
Nikkei 225 is once again retesting a key horizontal support level at 45225.0000. It has tested this level…