FxWirePro
Short

DAX faces trendline resistance at 10270,good to sell on rallies

FX:GER30   DAX index of German listed shares
251 3 7
Major resistance- 10270 ( trend line joining 10875 and 10349)

Major support – 9980 (90 day EMA )

The index has broken pschycological resistance 10000 yesterday and jumped till 10122. It is currently trading around 10088.

The index should break above trend line resistance 10270 for further bullishness. Any violation above 10270 will take the index to next level till 10375/10500.

On the lower side, any break below 9980 will drag the index down till 9900 (daily Kijun-Sen)/9830 (daily Tenken-Sen)/9765.

It is good to sell on rallies around 10120-140 with SL around 10300 for the TP of 9905/9830

Hi Sir, today's candle has broken above the 10270. Does this mean more uptrend coming? Thanks for sharing!
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FxWirePro PRO oilyprata
Sir pls wait till Brexit results tmrrw
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oilyprata FxWirePro
Ok, thanks alot yeah :)
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