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DAX40 approaching important level of 18179.8008

DAX40 is moving towards a line of 18179.8008 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If DAX40 continues in its current trajectory, we may see it move towards 18179.8008 within the next 19 hours.