EUR50 Index: ⬇️ Sell
– EUR50 Index broke support zone
– Likely to fall to support level 5685,00
EUR50 Index recently broke the support zone between the support level 5830,00 (former resistance from November and the support from January), 50% Fibonacci correction of the upward impulse 3 from November and the support trendline of the daily up channel from November.
The breakout of this support zone accelerated the active short-term correction iv from the end of February.
EUR50 Index can then be expected to fall further to the next support level 5685,00 (former support from the end of December).