Ger30 is close to the resistance of the falling channel
Ger30 is approaching the resistance of the falling channel. We could expect two possible scenarios. A break above the resistance of the falling channel or we could see a rejection from the resistance of the channel. In the case where we see a break above the channel we could expect price to reach 14575.00. If bears defend the resistance of the channel, we could see price falling to 13800.00.
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