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GER 30 Bearish Projection (Daily TF)

The GER 30 price has breached the bullish ascending channel to the downside with s strong bearish engulfing candle, and there is a strong likelihood that the price will undergo a further decline after testing the key level. Nonetheless, if the price surpasses and closes above the key level, there is a possibility of a bullish continuation, which would negate my previous perspective.

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Chart PatternsFundamental AnalysisGER30 CFDger30shortgermany30IndicesTrend Analysis

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