SX5E Approaching Resistance, Potential Reversal!
SX5E is approaching its resistance at 3260 (100% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 3132 (61.8% Fibonacci extension, horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 97% where it could potentially reverse.
Stochastic (55, 5, 3) is approaching resistance at 97% where it could potentially reverse.
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