Chart of The Day $DAX 1-03-2017

On the DAX daily chart, we can see that the instrument is out of consolidation, and it is reaching 1.382% Fibo extension from Feb.2016 low 11622 level. Break and close above this level is opening the 12000 upside target. Support is 11400-11500 zone.

Happy trading! (click on the chart to enlarge it)


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