DAX is going for a channel break
On the DAX daily chart, we can see that the instrument is going for a test of a resistance confluence 11100. A daily close above this level is required for an upside extension into the 11600. Rejection from 11000-11100 zone could lead to downside continuation.
Note: look for the long trade entries in case of a daily close above the 11100. In case of a rejection look for the short trade entries for an extended downside continuation.
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