Receive the latest alerts via email

Big movement expected on GER30 after a breach of the support

GER30 has broken through a support line of a Rising Wedge and suggests a possible movement to 12653.0892 within the next 4 days. It has tested this line 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.

Total
0
Shares
Previous Post

We expect 6A to trend downwards for the next 48 hours.

Next Post

USD/CHF has broken through the support line of a Support. It has touched this line numerous times in the last 17 days.

Related Posts