Eurostoxx: Could Reach As Far As Support At 3490/80 On Downside
Jason Sen | May 18, 2017 02:34AM ET
Euro Stoxx strong support at 3550/45 but a break below 3530 is a sell signal targeting 3518/15 and 3505/00. We could reach as far as support at 3490/80 on the downside today.
Bulls need to stablise prices above 3550 to regain control. Resistance then at 3570/73 and gains are likely to be limited but above 3580 allows a recovery to 3595/3600.
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