DAX Target of 12750
Updated
Support held prices above 12,000. Resistance likely to be found at 12,750 which marks the floor pre February sell-off, and the high last April i.e. a key trading level. The 12,750 would also be the 50 Day MA if met within the next two weeks. With the level then back in-line with the 50 Day MA, it would no longer be oversold.
Trade closed: target reached
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