(20 MAY 2020)DAX Key resistance at 11200.00.

(20 MAY 2020)DAX Key resistance at 11200.00.

20 May 2020, 09:26
Jiming Huang
0
89

da
Pivot
 (invalidation): 11200.00
Our preference
Short positions below 11200.00 with targets at 10930.00 & 10729.00 in extension.
Alternative scenario
Above 11200.00 look for further upside with 11340.00 & 11500.00 as targets.
Comment
As Long as 11200.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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