From TradingView · · 40s
DAX Technical Analysis
DAX index shows bearish momentum targeting 25370 support.
In brief
DAX index shows bearish momentum targeting 25370 support. DAX index is bearish with support at 25370 and resistance at 25700-25800. Originally reported by TradingView.
DAX Technical Analysis
DAX index technical analysis by EvarMayi shows bearish momentum.
Current Price Action
Trading below 25570 pivot point sustains bearish momentum.
Bearish Target
A breakout below 25370 support will extend decline toward 25250.
Bullish Trigger
Breaking above pivot level with confirmed 1-hour candle close triggers upward move.
Resistance Levels
Resistance levels at 25700 and 25800 for potential upward movement.
Support Levels
Support levels at 25370 and 25250 for potential reversal.
What to remember
DAX index is bearish with support at 25370 and resistance at 25700-25800.
