Aurum Markets Blog Technical Analysis DAX 40 approaches important level of 23973.0000

DAX 40 approaches important level of 23973.0000

DAX 40 approaches important level of 23973.0000 post thumbnail image

DAX 40 is about to retest a key horizontal support level near 23973.0000. It has tested this level 7 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.

Supported by Downward sloping Moving Average

Target: 23973 Entry: 24140.7 Stop: 24214.224

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