If the German leading index breaks the resistance levels at 12300 points, the aim will be reaching and testing the zone 12390. If it is successful, the upward trend will continue to 124939 points. If the DAX drops below the support levels at 12270, it will try to find next support at 12218.1 – 12214.9.
Long above 12300 with target 12390 in extension
Short below 12270 with target 12218
This morning the currency pair is trading at 1.2940., if GBP breaks the resistance levels at 1.2950 -, the aim will be reaching and testing the zone 1.2969 – 1.2970. If it is successful, the upward trend will
continue to 1.3015. If GBP drops below the support levels at 1.2908, it will try to find next support at 1.2880.
Long above 1.2940 with 1.2970 & 1.3015 in extension
Short below 1.2900 with target 1.2870
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