Your Daily Game Plan: Eurex

MrTopStep.com

Market: Eurex EURO STOXX 50 Index Futures, $FESX_F

Trading Levels: 2480/2510

Target: 2430

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Daily Game Plan Chart 1

Chart 1


Yesterday the $FESX_F was rejected by our resistance at 2510, and an initial weakness is expected after the Eurogroup meeting failure, although buyers could step in around the 2480 mark.

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Daily Game Plan Chart 2

Chart 2


The lighthouse will be the $EURUSD, which plunged from 1.2800$ to 1.2750$ during the Asian session. If the cross regains the 1.2800$, shorts have to be avoided. Probabilities of a good short setup will increase when the common currency will trade out of the up-rising channel toward the 1.2700$.

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Daily Game Plan Chart 3

Chart 3

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