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Dax oversold enough to trigger a recovery today but must hold above 10250/245

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 15 December 2015 Dax December contract Dax oversold enough to trigger a recovery today but must hold above 10250/245 to target first resistance at 10320/330. We should struggle initially but further gains would target 10385 then strong resistance at 10430/440. A good chance of a high for the day but shorts need stops above 10480. Just be aware that a break higher targets 10545/555 then a selling opportunity at 10615/625. Failure to beat 10250/245 risks a retest of good support

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