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DAX consolidate in a technically pressed situation

Tradingportalen
20 Feb 2018 | 1 min read
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German DAX bounced back last week, from a technically pressed situation. DAX has previously triggered weakness, and long-term technical view looks to be about to change. Therefore DAX is considered to be technically pressed, and renewed strength might have a hard time to come to light, where a situation with increasing trading activity would find ground above resistance levels around 12 700 – 13 000.

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