- DAX reversed from support area
- Likely to rise to resistance level 24000.00
DAX index recently reversed from support area between the support level 23000.00 (lower border of the sideways price range inside which the price has been moving from June) and the lower daily Bollinger Band.
The upward reversal from this support area stopped the previous minor impulse wave C of the intermediate ABC correction (4) from July.
Given the clear daily uptrend, DAX index can be expected to rise to the next resistance level 24000.00.
- Likely to rise to resistance level 24000.00
DAX index recently reversed from support area between the support level 23000.00 (lower border of the sideways price range inside which the price has been moving from June) and the lower daily Bollinger Band.
The upward reversal from this support area stopped the previous minor impulse wave C of the intermediate ABC correction (4) from July.
Given the clear daily uptrend, DAX index can be expected to rise to the next resistance level 24000.00.
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.