DAX 30 at Risk of Trading Lower on Profit Taking, Brexit Vote

Per the pin bar candlestick, profit-taking should continue as long as the index trades below yesterday’s high of 12832.1, and the DAX index might reach the 12436.5 level, which is the 38.2% Fibonacci retracement level of the bull leg from the October low to high.

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To read the complete DAX outlook visit: investingcube.com/dax-index-at-risk-of-declining-ahead-of-uk-pms-brexit-vote/

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