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Signal_Centre1

GRXEUR Sell the break of yesterday low.

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Germany 40 CFD (FOREXCOM:GER40)  
Signal_Centre1  
FOREXCOM:GER40   Germany 40 CFD
Support and Resistance ger40 DE40 dax40 de40signals de40eur dax40short de40short de40sell GRXEUR
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supportandresistance ger40 de40 dax40 de40signals de40eur dax40short de40short de40sell grxeur
GER40 - Intraday - We look to Sell a break of 13029 (stop at 13101)

Short term momentum is bearish.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
A break of the recent low at 13048 should result in a further move lower.
We look for losses to be extended today.

Our profit targets will be 12861 and 12811

Resistance: 13120 / 13200 / 13300
Support: 13030 / 12900 / 12800

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