EuroStoxx 50 June Hits Next Target In Bull Trend

 | Apr 08, 2021 04:30AM ET

EuroStoxx 50 June continues higher to the next target of 3940/45 in the bull trend and we topped exactly here in overbought conditions.

Previously, we wrote: Downside is expected to be limited with support at 3900/3890. This was yesterday’s low.

h2 Today’s Analysis/h2

EuroStoxx hits the next target of 3940/45 in the bull trend. Further gains can target 3975/80 & 3995/99.

Downside is expected to be limited with support at 3900/3890. Longs need stops below 3880 for a test of support at 3860/55.

h2 Chart/h2