The German benchmark index gives up part of the week's gains.
D1 chart
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Create account Try a demo Download mobile app Download mobile appThe DE30 fluctuates between gains and losses on Thursday ahead of the ECB's interest rate decision. On Wednesday, the index retreated after a false breakout at resistance at 13,419 points. A sustained break would significantly improve the outlook.
Source: xStation5
H4 chart
The DE30 bounced twice off the 50% retracement of the previous upward impulse during its recent correction and has since oscillated around the 13,200 point level. A trend continuation is most likely - but the bulls would have to break through resistance at 13,419 points to do so.
Source: xStation5
Maximilian Wienke, CFTe
XTB Germany
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