We should see a turn around before braking the medium term resistance. Probably our short goal should be around the 10.000 points.
Perhaps we are facing the same pattern we saw between the period of May to July.
Looking for the typical summer downs in a long term long scenario.
Focus is on 1.07
Testing the long term channel support. Should go up.
Could Greece change the pattern?
At this point (200MA support and lower part of the channel), there should be rebounce that hold the price. .
Probably short for a while
Objetive at 1.07
The usual summer falls should help this idea.
If the resistance is broken, it will probably try the 800points resistance.
These are the two options that i keep in mind.
This could be the evolution of Dax in next months
Looking for a downtrend to 1.04
Probable Lateral scenario between 10800 - 11600 until september
Way to the equilibrium