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> DAX higher following the risk-on sentiment in US equities – DAX 30 Market Outlook – 06/11/2020
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DAX higher following the risk-on sentiment in US equities – DAX 30 Market Outlook – 06/11/2020

SquaredFinancial

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The Dax-30 climbed to two week highs (a tat short of our long entry resistance target at 12600 though technicals continue to favor further bullish momentum), on the back of a risk on move in U.S. equities with a Biden win and a gridlock in the senate believed to be the markets’ most favorable scenario.

Support: 12400/ 12200
Resistance: 12600/ 12700

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/dax-higher-following-the-risk-on-sentiment-in-us-equities-dax-30-market-outlook-06-11-2020
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