The DAX broke much higher during the course of the session on Monday, as the bullishness continues in this marketplace. With that, we are buyers on
The DAX broke much higher during the course of the session on Monday, as the bullishness continues in this marketplace. With that, we are buyers on pullbacks, and recognize that the market should continue to go much higher given enough time. Ultimately, we believe that the market should then continue to offer buying opportunities every time it pulls back, as well as a break out above the top of the range from the session on Monday. We have absolutely no way whatsoever in shorting the market, and believe that the €11,900 level should offer plenty of support.
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.
