The Dax has fallen recently, however, the price is still supported by the long term weekly
trendline and the dynamic support and resistance of the moving averages.
Price has formed a new low on the daily timeframe however if we see a bullish close today
we could assume it is a false break of the lows. In that case, we can assume the uptrend
will continue into the key resistance.
trendline and the dynamic support and resistance of the moving averages.
Price has formed a new low on the daily timeframe however if we see a bullish close today
we could assume it is a false break of the lows. In that case, we can assume the uptrend
will continue into the key resistance.