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GER40 Sell a break of recent low.

Short
German 40 Index (PEPPERSTONE:GER40)  
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PEPPERSTONE:GER40   German 40 Index
Support and Resistance ger40 dax40 ger40short dax40short DE40 de40short tradeidea Forex
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supportandresistance ger40 dax40 ger40short dax40short de40 de40short tradeidea forex
GER40 - Intraday - We look to Sell a break of 14197 (stop at 14294)

Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Previous support at 14300 now becomes resistance.
A break of the recent low at 14220 should result in a further move lower.

Our profit targets will be 13951 and 13901

Resistance: 14400 / 14500 / 14700
Support: 14200 / 13950 / 13800
Trade closed: stop reached

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