Contributors Technical Analysis DAX Consolidation In Place

DAX Consolidation In Place

Pivot (invalidation): 13238.00

Our preference Short positions below 13238.00 with targets at 13140.00 & 13110.00 in extension.

Alternative scenario Above 13238.00 look for further upside with 13275.00 & 13330.00 as targets.

Comment The RSI lacks momentum.

Previous articleUSD/TRY Under Pressure
Next articleS&P 500 Further Advance
Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version