EUROSTOXX 50 (Dec 12) INTRADAY Review The Eurostoxx sold of at yesterday’s European open to prompt strong defence of Tuesday’s lows and thereafter spent most of the session within a tight consolidation range, eventually finishing the session flat. Our yesterday’s entry short at 2,492 worked well at proving several short-term trading opportunities throughout the session. However, the index lacked momentum to reach either of our profit targets. Strategy European PMI data released yesterday
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The Bund traded steadily higher throughout yesterday’s session