- EUR50 reversed from pivotal support level 6060.00
- Likely to rise to resistance level 6180.00
EUR50 index recently reversed up from the pivotal support level 6060.00, former resistance level which stopped previous waves 1 and I (acting as support after it was broken).
The upward reversal from the support level 6060.00 continues the active short-term impulse wave (iii) from the middle of May.
Given the clear daily uptrend, EUR50 index can be expected to rise to the next strong resistance level 6180.00 – which stopped the multi-year uptrend in February.
- Likely to rise to resistance level 6180.00
EUR50 index recently reversed up from the pivotal support level 6060.00, former resistance level which stopped previous waves 1 and I (acting as support after it was broken).
The upward reversal from the support level 6060.00 continues the active short-term impulse wave (iii) from the middle of May.
Given the clear daily uptrend, EUR50 index can be expected to rise to the next strong resistance level 6180.00 – which stopped the multi-year uptrend in February.
By the FxPro Analyst Team
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Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Pernyataan Penyangkalan
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.