EuroStoxx below 3410/05 risks a slide to the May low at 3385/80

in forex •  7 years ago 

EuroStoxx below 3410/05 risks a slide to the May low at 3385/80. A break below the 50% Fibonacci at 3374 targets 3366 & 3359/55.

Holding 3410/05 allows a recovery to 3428/30 with strong resistance at 3439/42. Shorts need stops above 3450. A break higher meets strong resistance at 3461/64. Shorts need stops above 3470.

https://www.tradingview.com/chart/SX5E/wdfX9Alc-EuroStoxx-below-3410-05-risks-a-slide-to-the-May-low-at-3385-80/

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