The movement of GER30 towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
After testing the support line numerous times, GER30 is once again approaching this line. Can we expect a bearish trend to follow?
