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Aug 12

TECHNICAL ANALYSIS BY NSFX 12.08.2013

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High:  Low: 

Next resistance area for the DAX30  are 8400 then 8461. Only above 8549 the German index will attract new long term buyers.  In case the rally should finish and a retracement occur the closest support area are 8290 and  8209. The intermediate uptrend still valid until the demand line can be used as a valid support.

R3
R2
R1
S1
S2
S3