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DAX 40 is approaching a support line of a Channel Up. It has touched this line numerous times in the last 3 days.

Emerging Channel Up detected on DAX 40 – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 20385.0 and it is expected to move to 20314.8381.

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