The Italian index broke higher during the course of the week, and most importantly cleared the top of the hammer from the previous week. With that being
The Italian index broke higher during the course of the week, and most importantly cleared the top of the hammer from the previous week. With that being the case, we feel that this market should continue to go higher. With that, we feel that this market should continue to go as high as the 21,400 level given enough time, and then will more than likely go higher than that as we feel the market has had a significant pullback, but has most certainly shown that the buyers are returning.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
