GER 40 Index Trims Losses But is Not Out of the Woods

<p>The German 40 index (cash) corrected higher after completing a bullish morning star pattern near its July low of 15,455 and just above the 23.6% Fibonacci retracement of the October 20222-August 2023 uptrend. The 200-day exponential moving average (EMA) made this area important to watch as well. The rising RSI is an encouraging sign of […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/515758-ger-40-index-trims-losses-but-is-not-out-of-the-woods/">GER 40 Index Trims Losses But is Not Out of the Woods</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>