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Germany’s DAX – Bearish price RSI divergence

TVC:DEU40   GERMAN STOCK INDEX (DAX)
dax
The bearish price RSI divergence on the daily chart if followed by a daily close below the rising trend line would open doors for a drop to 11479.8 levels.

On the other hand, a rebound from the rising trend line followed by a break above 11893.1 (Jan 26 high) would expose 12031.1 (Feb 22 high).

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