From TradingView · · 40s
DAX Tests Support Zone
DAX nears key support as buyers weigh rebound.
In brief
DAX nears key support as buyers weigh rebound. DAX tests 25,350 support zone with buyers needing to hold above to reverse bearish trend. Originally reported by TradingView.
DAX market structure
DAX shows short-term bearish pattern with lower highs and lows.
Current support zone
Price nears 25,350 support area after recent decline.
Bullish scenario
Hold above 25,350 and break 25,700 to push toward 26,000.
Bearish scenario
Fall below 25,350 to expose 25,000 support.
Key levels
First resistance 25,700, first support 25,350.
What happens next
Buyers must hold above 25,350 to reverse bearish trend.
At a glance
DAX tests 25,350 support zone with buyers needing to hold above to reverse bearish trend.
