Big movement expected on EU Stocks 50 Index
EU Stocks 50 Index has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 4095.0866 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 days.
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