The breakout of DAX 40 through the 19348.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, DAX 40 could test 19451.6992 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
A possible move on CAC 40 as it heads towards resistance
The movement of CAC 40 towards the resistance line of a Rising Wedge is yet another test of…
Extreme movement experienced on DOW 30. Check this chart to see what to do next
Those of you that are trend followers are probably eagerly watching DOW 30 to see if its latest…
NAS 100 – breach of price line that’s been previously tested numerous times before
A strong support level has been breached at 21211.6152 on the 30 Minutes NAS 100 chart. Technical Analysis…