The German index shot higher during the course of the session on Thursday, showing real strength in it looks as if we are going to test the €10,800 level.
The German index shot higher during the course of the session on Thursday, showing real strength in it looks as if we are going to test the €10,800 level. This is an area that has been massively resistive, with this being the case it looks as if we may have to attempt to break out a couple of different times, but I believe that every time we pullback buyers will be interested as is market is obviously very positive at the moment. A move above the €10,800 level would be a very bullish signal.
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.
