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DAX Higher Following US Equities – DAX 30 Market Outlook – 13/08/2020

SquaredFinancial

The Dax hit our long entry resistance target at 13000, tracking a surge in US equities with 13000 key resistance level now used as support, as a failure to hold above that level indicates fading bullish momentum with 12800 support level back in play.

Support: 13000 / 12800
Resistance: 13135 / 13220

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/dax-higher-following-us-equities-dax-30-market-outlook-13-08-2020
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