adatherton

DAX could go either way

FX:GER30   DAX Index
174 1 7
DAX             could still be regarded as bullish , it needs to head back up to 10500 now.

The rate hike probability is not good for DAX             , but also implies a sharp fall in EURUSD             which may hold it for now. However as previous studies have shown, EURUSD             and DAX             tend to decouple after FOMC.
Great analysis!
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