Cabana Capitals Blog Technical Analysis Breach of important price line imminent by DAX 40

Breach of important price line imminent by DAX 40

Breach of important price line imminent by DAX 40 post thumbnail image

The price of DAX 40 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

Supported by Upward sloping Moving Average

Target: 19605.1992 Entry: 19498.3 Stop: 19423.178

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