Germany 30 Technical: A Potential Minor Corrective Decline Looms

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<p>Short-term RSI momentum indicator has flashed out bullish exhaustion condition after 6 consecutive weekly positive closes. At the risk of minor corrective decline sequence below 16,910 key short-term resistance. Intermediate supports rest at 16,590 and 16,440. The Germany 30 Index (a proxy for the DAX futures) has managed to soar towards the 16,780/850 resistance zone [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531358-germany-30-technical-a-potential-minor-corrective-decline-looms/">Germany 30 Technical: A Potential Minor Corrective Decline Looms</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>