The Milanese exchange had an explosive move to the upside on Friday, breaking the top of the shooting star from Thursday. With that being the case, the
The Milanese exchange had an explosive move to the upside on Friday, breaking the top of the shooting star from Thursday. With that being the case, the market should then continue to go higher, and then reach towards the 22,800 level. Ultimately, we do think that this market goes higher and is simply trying to build up enough momentum to break out far to the upside. We have no interest in selling, we believe that the 22,000 level remains the “floor” in this market as we continue to see bullish pressure and stock markets around the world.
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.
