Market Analysis of DAX40 on Wednesday 17 JULY 2024

2024-07-17 16:49Source:BtcDana

Technical Analysis:
The DAX 40 has shown no significant changes in price so far. It is expected that the price may move towards the lower end of the channel, potentially offering a good upside opportunity. We should wait for price confirmation before taking action, aiming for an upside move towards the 18,650 and then the 18,800 zone. Those considering aggressive short positions need to be cautious at the current levels. Buyers looking for long positions should wait for confirmation before proceeding.

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