Analyst
The daily chart of DAX30, one of the most important indices in the Euro Area, shows an interesting perspective. The price dropped very fast from 12433 all the way 9300 where it met the main uptrend line. It bounced once from it, but now it is retesting it again. This time the line might give away under bears’ pressure. In this case we are expecting the price to continue the fall towards 9000.
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Adefuwa Ayodele