DAX 40 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If DAX 40 continues in its current trajectory, we could see it reach 19782.6955 within the next 12 hours.
DAX 40 is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 3 days.
