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Daily Market Analysis 12.05.22: DE30

Instrument: DE30

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 13650.8 with take profit at 13704.2
Bearish Preference: 
Sell position is envisaged if price trades below 13452.0 with take profit at 13397.0
Fundamentals:
None with high impact on the commodity

Comment: 
Germany’s Allianz (ETR:ALVG) said on Wednesday it would set aside another 1.9 billion euros ($2 billion) as it braces for the outcome of U.S.

Analysis: SCRUM Team

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