(06 August 2020)DAX Intraday support around 12520.00.

(06 August 2020)DAX Intraday support around 12520.00.

6 August 2020, 09:28
Jiming Huang
0
77

da
Pivot
 (invalidation): 12520.00
Our preference
Long positions above 12520.00 with targets at 12770.00 & 12825.00 in extension.
Alternative scenario
Below 12520.00 look for further downside with 12370.00 & 12260.00 as targets.
Comment
The break above 12520.00 is a positive signal that has opened a path to 12770.00.

(By Swissquote TRADING CENTRAL)


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