Strategy
DAX - 16 September 2020
Strategy
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Published on 2020-09-16
A moderate bullish bias is applicable above 13190. Technical score: 0
Testing the change in trend direction to bearish level. However, a bullish MACD crossover on the daily time frequency remains applicable. Upside price momentum supports the bullish trend direction. Only a confirmed price action below 13190 will reverse the bullish trend direction. Upside target: 13460. Downside target for a break below 13190 will be 13110.