Euro Stoxx Daily Forecast - 23 July 2018
Jason Sen | Jul 23, 2018 04:44AM ET
Euro Stoxx 50 holding first resistance at 3460/63 re-targets 3449/40 and perhaps as far as a buying opportunity at 3425/20. Try longs with stops below 3410. A break lower is a sell signal targeting strong support at 3380/75.
Above first resistance at 3463/60 re-targets 3480. Above here we look for 200 day moving average resistance at 3489/93. Shorts need stops above 3500 and a break higher targets an excellent longer term selling opportunity at 3520/25, with stops above 3535.
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