German DAX Retest Support

The German DAX index found a good support level around 15,460, where the current movements of the index are witnessing an upward bias targeting a retest of 15,700.

On the technical side today, we find that the RSI continues to provide positive signals over the short term, accompanied by stabilizing intraday trading above the 15,560 support level.

Therefore, we may witness a bullish bias in the coming hours, targeting 15,700, and then 15,780. Trading below 15,510 is able to thwart any attempts to rise, and we are witnessing strong negative movements that target 15,340.

Note: The Level of risk is high

S1: 15510	R1: 15700
S2: 15400	R2: 15780
S3: 15335	R3: 15885