(07 August 2020)DAX Key resistance at 12750.00.

Pivot
 (invalidation): 12750.00
Our preference
Short positions below 12750.00 with targets at 12520.00 & 12400.00 in extension.
Alternative scenario
Above 12750.00 look for further upside with 12825.00 & 12865.00 as targets.
Comment
As Long as the resistance at 12750.00 is not surpassed, the risk of the break below 12520.00
remains high.

(By Swissquote TRADING CENTRAL)