EUROSTOXX 50 (Dec 12) INTRADAY Review Having sustained strong selling pressure into Wednesday’s close, the Eurostoxx started yesterday’s session off at the lows but on the front foot. The absence of directional trading momentum kept the index range-bound throughout the session, with resistance placed at the 50% Fibonacci retracement of Wednesday’s session and the lows defined just beneath 2,450. Our yesterday’s neutral entry short at 2,461 was reached during the retracement of the
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The entry provided limited value amidst range-bound trading conditions