DAX is testing the breakout resistance 13200
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DAX is breaking above the 13200 resistance, a long-term cluster of upside resistance. This breakout higher needs to be confirmed for the upside reversal continuation and a test of the significant 13500 resistance.
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The weekly chart reveals an explicit test of the falling wedge upside resistance line 13200 and a slight breakout above it. On the upside, we have a crucial 13500 resistance followed by 13900 which will probably be tested in the coming days.
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