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Estoxx has cleared initial resistance

CROSS ASSET
  • Estoxx (VGM3 Index) has cleared the 4149.00 level area, and now eye 4164.00 next.
  • The main level above is at the 4229.00 area, which is not a tech level, but where the contract was trading pre SVB day (9th March).
  • USDJPY gains, with the Yen losing safe haven ground, and next resistance is still seen at 132.50.
  • Bank stocks (SX7E) are near session high, with next target seen at 100.51 (Thursday/Friday's opening gap).

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