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Some upside momentum in European Banks

EQUITIES
  • SX7E is up 2.19, and is seeing some upside momentum for EU Banks stocks, following the Wells Fargo and JPM beat, now trading at its highest levels since mid March.
  • Next resistance is at 108.30, followed by the 112.43 area.
  • A clear break through the latter will open to the 114.93/116.41 gap, triggered by the SVB news on the 9th March.

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