Rising Wedge pattern identified on US30 has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 41172.2872 in the next 11.
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Supports and resistances are primary concepts of technical analysis. DAX 40 is heading for an important price of 23518.1992 – read about what this could mean for the future.
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