- DAX index broke resistance level 22000.00
- Likely to rise to resistance level 22500.00
DAX index is under the bullish pressure afar the earlier breakout of the daily up channel from August and the resistance level 22000.00
The breakout of the resistance level 22000.00 greatly accelerated the active impulse wave 3, which belongs to the intermediate impulse wave (3) from November.
Given the clear daily uptrend and the accelerating upward channel inside which the price is moving now, DAX index can be expected to rise to the next resistance level 22500.00 (target price for the completion of the active impulse wave 3).
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.