We see the Dax moving lower towards 12500 as long as it consolidates below the key support level at 13172 as global market mainly drop on the back of Trump imposing steel tariffs on Brazil and Argentina. There are fears over the impact tariffs and trade wars are having on the global economy so we are look out for key data releases next week ending with non farm payrolls on Friday.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.