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Dax Maintains Bullish Path

Adel 1 April, 2021 11:57 am Daily Technical Analysis, Technical Analysis

The technical outlook remains unchanged, and the German DAX index did not witness much change, maintaining positive stability.

On the technical side, today, we hold onto our positive outlook, relying on trading stability above the previously breached resistance 14,970, and in general above 14,870, in addition to the positive signs coming from the RSI.

Therefore, the first target of today’s session is 15,080, and its breach is a catalyst that enhances the chances of touching 15,140 and then 15,210.

The bullish scenario depends on trading stability in general above 14,870.

Note: The risk level may be high.

S1: 14990R1: 15065    
S2: 14945    R2: 15095   
S3: 14900   R3: 15140   

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