EuroStoxx hits the next target of 3940/45 in the bull trend
|Eurostoxx
EuroStoxx 50 June continues higher to the next target of 3940/45 in the bull trend & we topped exactly here in overbought conditions.
We wrote: Downside is expected to be limited with support at 3900/3890.
Daily analysis
EuroStoxx hits the next target of 3940/45 in the bull trend. Further gains can target 3975/80 & 3995/99.
Downside is expected to be limited with support at 3900/3890. Longs need stops below 3880 for a test of support at 3860/55.
Chart
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.