- EURO50 reversed from powerful resistance level 6200.00
- Likely to fall to support level 6100.00
EURO50 index recently reversed from the powerful resistance level 6200.00 (which stopped the previous sharp daily uptrend at the end of February, as you can see from the daily EURO STOXX 50 chart below).
The resistance zone near the resistance level 6200.00 was strengthened by the upper daily Bollinger Band.
Given the strength of the resistance level 6200.00, EURO50 index can be expected to fall to the next support level 6100.00.
- Likely to fall to support level 6100.00
EURO50 index recently reversed from the powerful resistance level 6200.00 (which stopped the previous sharp daily uptrend at the end of February, as you can see from the daily EURO STOXX 50 chart below).
The resistance zone near the resistance level 6200.00 was strengthened by the upper daily Bollinger Band.
Given the strength of the resistance level 6200.00, EURO50 index can be expected to fall to the next support level 6100.00.
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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.