If the DAX price continues to trade around these levels, it is expected to decline toward the support level at 25755 and subsequently 25670.
However, if the price breaks above the pivot level and holds with a confirmed 1-hour candle close, the momentum will shift upward toward 26155 and then 26255.
Resistance Levels: 26155 – 26255
Support Levels: 25755 – 25670
Trade active
DAX - Technical Analysis UpdateAs previously noted, the price declined and successfully reached our designated targets, dropping by 380+ pips ✅.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.