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EuroStoxx 61.8% resistance from the April/August

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 6, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 05 November 2015 Eurostoxx December contract EuroStoxx 61.8% resistance from the April/August move lower & 200 day moving average at 3457/65 is the main challenge for bulls of course this week. Watch for a high for the day. However on a break higher we could target the next big challenge at 10 month trend line resistance at 3510/15. Shorts need stops above 3525. Minor support at 3420/15 today but below here risks a slide as far as better support at 3399/95. Further losses

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