DAX Weekly chart technical analysis.
Sentiment: Bullish inside red channel. ( Bullish )
Trend Strength: Moderate
Seems like DAX1.43% could try to touch R1. (see red arrow)
Close above R1 would confirm rise towards R2.
If stays below DAX1.43% will resume correction towards Monthly S1.
Sooner or later DAX1.43% will reach red channel support.
Maybe it will be good long-term buying opportunity.
Trend Strength: Moderate
Seems like DAX1.43% could try to touch R1. (see red arrow)
Close above R1 would confirm rise towards R2.
If stays below DAX1.43% will resume correction towards Monthly S1.
Sooner or later DAX1.43% will reach red channel support.
Maybe it will be good long-term buying opportunity.
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