EUR50 index Wave Analysis – 27 May 2026

EUR50: ⬆️ Buy

– EUR50 reversed from pivotal support level 6060.00

– Likely to rise to resistance level 6180.00

EUR50 index recently reversed up from the pivotal support level 6060.00, former resistance level which stopped previous waves 1 and I (acting as support after it was broken).

The upward reversal from the support level 6060.00 continues the active short-term impulse wave (iii) from the middle of May.

Given the clear daily uptrend, EUR50 index can be expected to rise to the next strong resistance level 6180.00 – which stopped the multi-year uptrend in February.