DAX 40 has broken through a resistance line. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 18436.6992 within the next 7 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Supported by Upward sloping Moving Average
Target: 18436.6992 Entry: 18386 Stop: 18357.618