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

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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