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Big movement expected on EUSTX50 after a breach of 3674.0000

EUSTX50 has broken through a line of 3674.0000 and suggests a possible movement to 3628.7000 within the next 17 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 11 days.

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Important price line being approached by 3m Co.. This price has been tested numerous times before.

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