HomeContributorsTechnical AnalysisDax Is Aiming For 13200 Zone And Above

Dax Is Aiming For 13200 Zone And Above

DAX bulls are trying to push the price up within 12970-13000 zone. We can also see that the price is oversold there make it very tempting for buyers.

D L3 and Trend line make up for the confluence along with the ATR pivot. If the price makes a breakthrough above, we should see 13128 and 13162. A close above that level will provide a continuation towards 13205 and 13273. However, if we see a move below 12939, then the price is turning bearish and 12828 could be next.

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