(27 MAY 2019)DAX:Key resistance at 12085.00.

(27 MAY 2019)DAX:Key resistance at 12085.00.

27 May 2019, 09:18
Jiming Huang
0
51

da

Pivot (invalidation): 12085.00

Our preference

Short positions below 12085.00 with targets at 11950.00 & 11910.00 in extension.

Alternative scenario

Above 12085.00 look for further upside with 12130.00 & 12170.00 as targets.

Comment

As Long as 12085.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)



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