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Sep 13

TECHNICAL ANALYSIS BY NSFX 13.09.2013

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The German index is consolidating above the key level 8460. Less than 100 points to reach 8545 and if the breakout of this level should occur price can accelerate to 8700. The short and long as well time frame price pattern are positive but it is likely to see a correction to the gap opened at 8305. Only below 8085 market sentiment could change.

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