Euro STOXX 50 technical
Euro STOXX 50
Next upper targets 161,8% at 3.636 and EMA200 at 3.675. MOB at 3.697
Note: close to the upper Bollinger band
|Support||3.494 EMA(50)||3.480 (38,2%)|
Previous week (41) showed some good volatility in a sideways motion. No new high nor low, so this might be some stabilisation for an upcoming bounce.
In principle reaching the 100PR could be enough for now and prices can bounce back to the 38RT at 3.467 and 62RT at 3.601.
If we continue directly down, the next targets could be the 3.182 (127PR) and 3.111 (141PR) together with the overall 61RT at 3.109.
|Support||3.249||3.182 (127%)||3.111 (141%)||3.109 (61%)|
|Resistance||3.357||3.394||3.467 (38RT)||3.534 Tenkan|