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11:44 AM · 21 July 2020

Technical alert: DE30 ​​​​​​​

European stocks launched today’s session higher thanks to the recovery fund agreement. The German index is trading at the highest level since February. Looking at the chart from a technical point of view, DE30 managed to stay in an upward channel and broke above the key resistance area at 12,930 pts, which means that the way towards ATH is open.

DE30 D1 interwal. Source: xStation5

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