DAX 40 is heading towards 22702.6992 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Upward sloping Moving Average
Target: 22702.6992 Entry: 21181.7 Stop: 20345.384

