Market Analysis of DAX40 on Thursday 20 JUNE 2024

2024-06-20 18:44Fonte:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    

DAX 40 running in negative trend and its immediate strong resistance are 18168 to 18285 level .  Stop loss is 18320 level and it can fall towards 17850 level minimum   .Intraday purpose selling is better for targets 18140,18120 and 18100  levels respectively with stop loss 18320 level. 5 minute chart indicating fall towards 18100 in very short term .

QUICK FUNDAMENTAL LOOK                                                                    

The DAX gained 0.6% to trade aroud the 18175 level on Thursday as traders digest key monetary policy decisions in Europe.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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