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DAX40 – support line broken at 2023-11-08T09:00:00.000Z

DAX40 has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 12 days and suggests a possible target level to be around 14870.2935 within the next 2 days.

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