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Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 12535.4 with take profit at 12569.8
Bearish Preference:
Sell position is envisaged if price trades below 12446.9 with take profit at 12420.7
Fundamentals:
No major fundamental
Comment:
European stock markets are expected to open sharply higher Friday, continuing the global rebound as investors absorb the latest U.S. inflation data while speculation mounts that the U.K. government is set to abandon its plans for massive unfunded tax cuts.
Analysis: SCRUM Team
