Dax monthly bullish or bearish.

FX:GER30   DAX Index
499 0 2
Dax             in a downward channel

Question now is,Will the upper white channel line hold or break.

A Bullish case IF 11200 breaks out to the upside,and target 13500
A Bearish case IF 11200 holds and reverse to targets 8700-7700.

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