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Mrz 20

TECHNICAL ANALYSIS BY NSFX 20.03.2016

By:

High:  Low: 

The index found support on the 21SMA and on the 55EMA as well. It may test the medium term supply line and the 200SMA, both in area  10,500. A breakout of this multiple dynamic resistance can lift the GER30 to test 11,400 and then 11,600. Beneath the short term demand line the GER30 can test 9,400 and then the 2016 low in area 8,700.

R3
R2
R1
S1
S2
S3