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DAX weighed down after German Industrial Production data – DAX 30 Market Outlook – 07/09/2020

SquaredFinancial

The Dax hit our short entry support target 200 points lower at 12800 on Friday’s session with technicals favoring another retest of that level in today’s session after German Industrial Production for the month of July came in weaker than expected at 1.2% vs a forecast of 4.7% and a previous of 9.3%.

Support: 12800/ 12600
Resistance: 13000 / 13135

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/dax-weighed-down-after-german-industrial-production-data-dax-30-market-outlook-07-09-2020
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