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Big movement possible on GER30 after a breach of 14237.0000

GER30 has broken through a line of 14237.0000 and suggests a possible movement to 14422.2002 within the next 14 hours. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.

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We could expect NZDUSD to trend downwards right now.

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We expect NIY to trend downwards today with a 71.43% chance.

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