Euro Stoxx 50 breaks above key resistance level
November 23, 2020 Update: The Euro Stoxx 50 is holding solidly above its 200-day average at 3,171 and above the March downtrend. According to Credit Suisse analysts, that keeps the spotlight on the key trading range high set in July at 3,451. They said if the index closed last week above that level, it would be resolved to the upside and change their view to a bullish stance on European equities.The Euro Stoxx 50 is trading above that level now, so they see the next resistance at 3,532, followed by 3,595 and 3,596, which were the December 2019 low and late February reaction high. Credit Suisse...