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Dax30 Technical Analysis

Dax30 Technical Analysis

DAX30 has now risen up towards the ceiling of the trend channel, which should give a reaction down. The index is approaching the resistance at points 10260, which may give a negative reaction. One extra risk is the geopolitical and terror incidents that are taking place across Europe. We suggest a short position at 10260 with stop loss order at 10302 and take profit at 9931.

 

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Support and Resistance Lines

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