The DAX initially fell during the course of the session on Tuesday, but found enough support at the €11,400 level to turn things back around and reach
The DAX initially fell during the course of the session on Tuesday, but found enough support at the €11,400 level to turn things back around and reach towards the €11,500 level. With this, it is only a matter time before the market breaks out to the upside and continue to go higher, so we are course are very bullish. Ultimately, the €11,800 level above will be the target, and once we break above there we feel that the market will continue to go much higher levels given enough time as the most recent low is higher than the previous one.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
