DAX pausing the rally ahead of the Fed. Buy the pullback.

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DAX crossed over the Falling Resistance of the early March High and the 4hour MA50. It also reached the Golden Ratio: Fibonacci 0.618.

This is a bullish breakout but ahead of the Fed Rate Decision tomorrow, it is more likely to see traders taking a neutral stance.

Buy the pullback up to Fibonacci 0.382. Target the Top at 15700.


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