Market Update: EUSTX50 Support and Resistance Dynamics
Hello Everyone,
The EUSTX50 has discovered support sooner than anticipated! It's crucial now for the price to maintain its position above the 1-month pivot point to sustain a bullish momentum. Currently, there's notable activity from sellers. In the short term, what's imperative is for the 1Y strong resistance point @ 4982.06 to transition into a support!
TradeWithTheTrend3344
The EUSTX50 has discovered support sooner than anticipated! It's crucial now for the price to maintain its position above the 1-month pivot point to sustain a bullish momentum. Currently, there's notable activity from sellers. In the short term, what's imperative is for the 1Y strong resistance point @ 4982.06 to transition into a support!
TradeWithTheTrend3344