(16 JULY 2020)DAX Bullish bias above 12773.00.

<p>Pivot</p>
<p>&nbsp;(invalidation): 12773.00 Our preference</p>
<p>Long positions above 12773.00 with targets at 13090.00 &amp; 13230.00 in extension.</p>
<p>Alternative scenario</p>
<p>Below 12773.00 look for further downside with 12690.00 &amp; 12530.00 as targets.</p>

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