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Euro Stoxx: A Break Below 2995 Targets 2975/70 Level

Published 11/29/2016, 07:25 AM
Updated 07/09/2023, 06:31 AM

Euro Stoxx Daily Forecast

Euro Stoxx 50 has 100 dma support at 3005 today. A break below 2995 is a sell signal and initially targets the 200 day moving average at 2975/70. On further losses look for support at 2945/40.

Holding above 3010 targets 3033/30 then 3045/48. Strong resistance at 3063/67 – also the 2 week high of course. A break above 3070 however targets 3086/90 before the September/August high at 3100/03. This is also the 2 week high.

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