In the daily chart as you see DAX is in the uptrend, but there is swing high around 11,500.00 EUR since 30th November 2015 that can be offer resistance level. In the other hand we can see very strong support level around 10,800.00 EUR. If we draw Fibonacci Retracement from last swing low to predicted swing high, we can see 61.80% level is near to strong support level around 10,800.00 EUR and market can use change of polarity fact for continuing uptrend move. Also RVI indicator shows signs of re…
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