The Dax makes a mockery of its previous range #dax

FX:GER30   DAX Index
The previous range that held price so tightly for nearly a month has been humiliated by both a break lower (which was rejected) and quickly followed by a break higher, making a mockery of the previous buy and sell zones. Price is too high to jump in now, so traders will be looking to find some sort of balance point to go long