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German DAX : Correction May Be Completed; More Upside In View

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    German DAX has turned south with very aggressive price action for the last couple of weeks. But despite strong decline we see DAX in a corrective, only temporary pullback. On the updated chart recent decline represents wave (Y) of a complex correction that found a support around 10200 area. So far, we have seen a nice bounce from there so traders must be aware of more gains into the year end. German DAX, 4H

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