Tuesday 24 July 2018

Xetra Dax: Fighting for support at a key cloud chart level!

Xetra Dax is fighting for support at a key cloud chart level on both the daily and weekly cloud chart. Potential rebound from these levels if support holds.

On the daily chart, looking very closely to see if the 12500 support zone at the bottom end of the cloud will hold. Rebound potential here!

Downside risk remain high if support fails at this key cloud chart level!


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