Dax H1 is at pivot, where we may potentially see a drop towards the 1st support level, in-line with 50% Fibonacci retracement and 100% Fibonacci extension.If price bounce from the pivot, we may see it swing towards 1st resistance, in line with 78.6% and 100% Fibonacci extension.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/dax-h1-is-at-pivot-potential-for-drop-further"
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