(17 January 2020)DAX Key resistance at 13490.00.

(17 January 2020)DAX Key resistance at 13490.00.

17 January 2020, 09:02
Jiming Huang
0
77

da
Pivot
 (invalidation): 13490.00
Our preference
Short positions below 13490.00 with targets at 13360.00 & 13330.00 in extension.
Alternative scenario
Above 13490.00 look for further upside with 13530.00 & 13570.00 as targets.
Comment
As Long as the resistance at 13490.00 is not surpassed, the risk of the break below 13360.00
remains high.

(By Swissquote TRADING CENTRAL)

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