We still see the Dax moving higher despite the index failing to consolidate above key support at 10731. We see upside potential for the Dax due to many nations in Europe easing their lockdown as the coronavirus situation not longer appears be worsening at a rapid rate but we would not want prices to fall below key support at 10161 back down towards the psychological 10000 level.
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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.