Euro Stoxx: Strong Resistance At 3360/65 Is Key To Direction
Jason Sen | Apr 13, 2018 06:08AM ET
Euro Stoxx 50 failure to beat strong resistance at 3360/65 re-targets 3340/38 and 3333/31 but I expect better support at 3323/20. On further losses look for 3310/07 then second support at 3295/90...which is the best support in to the end of the week. Therefore a break below is a sell signal.
Key to direction remains strong resistance at 3360/65. Place stops above 3380. A break higher targets 3390, 3405 & perhaps as far as 3420/25.
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