aminearga

FDAX is Now in an unpredictable range

EUREX:FDAX1!   DAX Futures
FDAX was moving in the last months in kind of range below the 209 MA .

A massive Resistance that FDAX hasn't been able to break since early 2022.

A key Support was tested twice in March and May around the price of 12400.

Once FDAX breaks support with a large volume, a decline towards 10800 will probably resume.

Otherwise, if FDAX breaks the resistance and 209 MA, a massive pump-up will propel the price to a potential target of 16300


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