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German Dax Maintains Positive Side

Adel 6 April, 2021 12:01 pm Daily Technical Analysis, Technical Analysis

Positive trading continues to dominate the German DAX index, recording its highest level at 15,207.

On the technical side, we tend to be positive, depending on the stability of trading above sub-support 15,120, and in general above the pivotal support floor 15,070, and we find the RSI indicator continues to obtain bullish momentum over short frames.

Thus, the bullish bias is likely during the day, targeting 15,245 first target, and then 15,310 in a row, as long as trading is stable above 15,070.

Note: The risk level may be high.

S1: 15070R1: 15245    
S2: 14960    R2: 15310   
S3: 14890   R3: 15410   

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