Technical Analysis – GER 30 Index pullback looks to test positive picture
Posted on February 7, 2020 at 11:00 am GMTGermany 30 Index (Cash) is pushing under the 13,519 level, following a deflection off the 13,604 resistance from January 24. The candles reflect sellers’ efforts for a down move, something also suggested within the short-term oscillators, where negative momentum appears to be picking up. The MACD, deep in the positive region, has slipped below its red trigger line, while the RSI declines lower in bullish territory following an exit from the overbought zone. The Stochastic lines have reached the 20 [..]