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DAX 30






8/23/2014 4:21:59 PM

DAX 30 - Technical Analysis: Saturday, 23/08/2014 20:22 GMT



The bearish correction stopped at 23.6% Fibonacci level for the bullish wave that appears on image, and the correctional level is meeting the long term support line to add more strength to the bullish trend.

Breaching 9520.0 level will offer more positive motives to continue the main bullish trend.


Target
Risk


Support
Resistance


Trend Bullish

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