GER30 has broken through a line of 13650.0000 and suggests a possible movement to 13367.9004 within the next 19 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 20 days.
Related Posts
US 500 likely to test 6479.7700 in the near future. Where to next?
The movement of US 500 towards 6479.7700 price line is yet another test of the line it reached…
DAX 40 – approaching a resistance line that has been previously tested at least twice in the past
DAX 40 is moving towards a resistance line. Because we have seen it retrace from this line before,…
FTSE 100 posted 6 consecutive bearish Daily candles.
Rare candle sequence recorded on the FTSE 100 Daily chart, ending at 9123.4500.