DAX is approaching our first support at 10181.14 (horizontal swing low support, 61.8% fibonacci extension, 78.6% fibonacci retracment) where a strong bounce might occur above this level pushing price up to our major resistance at 10990.66 (horizontal overlap resistance, 23.6% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
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