DAX pullback US Automobile tariffs “in the neighbourhood of 25%”

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Yesterday, Wednesday 19th Feb, Germany’s DAX equity index experienced the biggest decline of the major European indices, with automakers like Volkswagen (-2.78%) and BMW (-2.28%) underperforming.

Key Trading Level is at 21923

Support: 21770 followed by 21350 and 21060

Resistance: 22850 followed by 23000 and 23300

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