Site icon UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News

German30 (DAX) Climbs to 17,670: Bullish Trend Amid Market Optimism; Bearish Correction Ahead?

German30 (DAX) Price Forecast: Technical Outlook

On February 29, the German30 (DAX) showcased a modest uptick, closing at 17,668.98, marking a 0.41% increase from the previous session. This upward movement positions the index above key support levels, indicating bullish sentiment among investors.

The immediate obstacle is 17,760, then 17,850, and finally 17,920.26 as the DAX navigates through crucial resistance points. Conversely, support is firm at 17,621.45, with additional levels at 17,554.32 and 17,487.19.

www.fxleaders.com

Exit mobile version