(30 January 2020)DAX Key resistance at 13400.00.

(30 January 2020)DAX Key resistance at 13400.00.

30 January 2020, 09:19
Jiming Huang
0
62

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Pivot
 (invalidation): 13400.00
Our preference
Short positions below 13400.00 with targets at 13230.00 & 13160.00 in extension.
Alternative scenario
Above 13400.00 look for further upside with 13480.00 & 13550.00 as targets.
Comment
The RSI has struck against a major resistance around 70% and is reversing down.

(By Swissquote TRADING CENTRAL)

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