Fear surrounding the coronavirus has led to massive sell off the in the Dax index and prices have fallen below key support at 13173. We therefore have had to change our view to neutral despite us believing there is upside potential for the Dax due to the ECBs monetary policy but we would look to change our view to long if prices fall towards support at around $12,500.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.