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Eurostoxx: Minor Resistance At 3570/73

Published 05/23/2017, 06:17 AM
Updated 07/09/2023, 06:31 AM

Eurostoxx Chart

Euro Stoxx minor resistance at 3570/73 but above 3580 allows a recovery to 3595/3600 and perhaps as far as the high last week at 3626/29.

Failure to beat first resistance at 3570/73 (which is only minor) targets minor support at 3554/53 before more important support at 3545/40. Below re-targets 3518/15 and perhaps as far as 3505/00. We could reach as far as support at 3490/80 on the downside but look for a low for the week. A break below 3470 however is another sell signal targeting 3455/50 and perhaps as far as minor support at 3435/30.

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