The DAX fell initially during the course of the session on Monday, but as you can see there is more than enough support below to keep this market going
The DAX fell initially during the course of the session on Monday, but as you can see there is more than enough support below to keep this market going higher. We are simply waiting to see some type of supportive candle in order to start going long. With that being the case, we believe that bounces will offer buying opportunities to take advantage of this market that looks very healthy. We are simply trying to build up enough momentum to break out above the 11,000 handle, and as a result we should continue to go much higher.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
