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DAX 30 Germany Technical analysis

04 kwiecień 2017

The index falls back from resistance at 11400 and now gravitates in the range of   8700- 10400. In upward direction, the next resistance can be found at 10300 and then the psychological barrier at 11400 points, where traders should be aware of a fake break. Bulls’ momentum is showing signs of a slowdown, but the upward trend remains intact. A possible downward correction can lead the price to the support levels, lying at 9300, 8700 and 8000.

Dax30 technical analysis

Support 10000 9300 8900
Resistance 11400 11700 12250