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.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
