(18 JANUARY 2019)DAX:Key resistance at 10950.00.

(18 JANUARY 2019)DAX:Key resistance at 10950.00.

18 January 2019, 09:09
Jiming Huang
0
20

dax

Pivot (invalidation): 10950.00

Our preference

Short positions below 10950.00 with targets at 10810.00 & 10700.00 in extension.

Alternative scenario

Above 10950.00 look for further upside with 11000.00 & 11070.00 as targets.

Comment

The index currently faces a challenging resistance area at 10950.00.

(By Swissquote TRADING CENTRAL)

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