GER30 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 13005.7613 can be expected within the next 9 hours.
Related Posts
ASX 200 heading towards a price it has tested 5 times in the recent past.
The price of ASX 200 in heading back to the support area. It is possible that it will…
Nikkei 225 – breach of a trending support line that has been tested at least twice before.
The last 8 30 Minutes candles on Nikkei 225 formed a Triangle pattern and broken out through the…
Will FTSE 100 break through the support level it tested before?
The price of FTSE 100 in heading back to the support area. It is possible that it will…