- The German DAX made notable gains, by recording its highest level of 15,790.
- Technically, looking at the price on the 1H chart we see a positive impulse of the simple moving averages, in addition to the positive signals coming from the RSI.
- Above the support level of 15,550, the bullish bias is available for today, and the break of 15,790 means it is targeting 15,850 as the first target, then 15,900.
- be noted that trading below 15,550 will delay the chance of achieving its targets, and the index is witnessing negative pressure that aims to retest 15,440.
Note: The risk level is high.
Trading Levels:
| Supports |
Resistances |
| 15540 |
15885 |
| 15465 |
16010 |
| 15330 |
16230 |