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EUR50: ⬆️ Buy
– EUR50 rising inside sideways price
– Likely to reach resistance 5200.00
EUR50 index continues to rise inside the sideways price range set between price levels 5200.00 and 5500.00 – which have been reversing the price from May.
The earlier upward reversal from the support level 5200.00 started the active short-term corrective wave 2, which belongs to the impulse wave (3) from July.
EUR50 index can be expected to rise to the next resistance 5200.00, which is the upper border of the active sideways price range.
Source: https://fxpro.news
