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carman
Jul 10, 2014 9:06 AM

DAX going further down. Short

DAX index of German listed sharesFXCM

Description

After DAX lose support in 9900 area , DAX going futher down yesterday to 9800. Today we see DAX at next support area 9711 (Top in in Feb, Mar and April) . 9700 is important zone. If broke this zone there is more space for futher downtrend to 9400 ( break trendline). Next important area are 9600 and 9500.
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