GER30 – resistance line breached

Past performance is not an indicator of future results.
GER30 has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 18 days and suggests a target line to be around 11918.1798 within the next 3 days.

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