Dax registered another fully bullish day. From the beginning till the end, the session was dominated by buyers, taking the price as high as 12 563. There was no correction whatsoever and the orders volume shifted to higher levels.
- Resistance: 12 592
- Support: 12 151
Statistics for today
- Detailed statistics in the Statistical Application
- 13:45 CEST - ECB Main Refinancing Rate
Today's session hypothesis
Today's session opens with a descending gap and Dax is low on volatility so far. The retest of 12 592 is on the table as this is also the price action level from March 2020. If we are to see a much-needed correction, it'd be most probably from the area around that level. We don't anticipate descend below 12 151 or lower.