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[QUOTE="SOLIDECN, post: 215399, member: 80239"] [JUSTIFY]DAX 40 - Correction in the bond market supports the index After the release of extremely weak statistics on the labor market, corporate news receded into the background. The number of unemployed in Germany in November increased by 17.0 thousand after an increase of 9.0 thousand in the previous month, while analysts expected an increase of 13.0 thousand. In turn, the overall Unemployment Rate in the country corrected to 5.6% from 5.5% a month earlier. The constant increase in the number of unemployed citizens has been going on since May, which is an extremely negative signal for the country's economy. [img]https://i.ibb.co/wwy3NbS/fdax.png[/img] On the daily chart of the asset, the price is trading well above the descending channel resistance line, reaching highs in the late spring of this year, and the technical indicators maintain a steady buy signal. Support levels: 14260, 13430 | Resistance levels: 14830, 15540[/JUSTIFY] [/QUOTE]
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