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FDAX is Now in an unpredictable range
DAX Futures
FDAX is Now in an unpredictable range
By aminearga
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Aug 28, 2022
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Aug 28, 2022
FDAX was moving in the last months in kind of range below the 209 MA .
A massive Resistance that FDAX hasn't been able to break since early 2022.
A key Support was tested twice in March and May around the price of 12400.
Once FDAX breaks support with a large volume, a decline towards 10800 will probably resume.
Otherwise, if FDAX breaks the resistance and 209 MA, a massive pump-up will propel the price to a potential target of 16300
analysis
breakout
Chart Patterns
fdax
germanindex
speculation
targetprice
trading
Trend Analysis
aminearga
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