FX_Trader_Analyst
Short

DAX down on German yields and rising EURUSD

INDEX:DAX   Index of the 30 major German companies
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Rising EURUSD             and Bunds yields are not helping DAX             to pick up momentum and gather some bullishness. As price recently broke through the support at 11200 next target could easily be 10800 (618 Fib) followed by test at 10400 which is also 50 Fib level from previous long term bullish move.
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