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Dax - Consolidated Above Key Resistance

Jul 22, 2021

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Dax - Consolidated Above Key Resistance by KQMarkets on TradingView.com

Commentary

The Dax uptrend continues as the index has consolidated above key resistance above 13,000 on the back of EU leaders agreeing on a stimulus package to boost the Eurozone economy.

However, a drop below this level could see a sharp fall in particular given the volatile nature of the Dax and the threat of a 2nd wave of the coronavirus.

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