8:20 AM · 17 December 2019

DE30 lower at the start of European trading

US indices are breaking record after record but in Europe traders are a bit more cautious. One of the reasons could be challenging economic picture as the December PMI survey showed no improvement in German manufacturing. DE30 is still some 2% from all-time highs and Tuesday session has started with a minor pullback. However, bulls may count on a 13300 level which used to be a strong resistance and now should provide a support.

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US100 loses 1.5% 📉

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