astairwaytoprofit

ger30 and eurusd correlation

FX:GER30   DAX Index
5
1.The relation between these two instruments is obvious opposite (rectangles).
2. When ger30 made HH(red arrows), eurusd made HL(blue arrows) showing us that will try to get higher.
3. Consider that ger30 is in correction mode, we believe that is possible eurusd will reach 1.1450

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