The breakout of EUSTX50 through the resistance line of a Ascending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of EUSTX50 to test 4109.7951 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, EUSTX50 has finally broken through. Can we expect a bullish trend to follow?
