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DAX rises on risk on sentiment – DAX 30 Market Outlook – 25/11/2020


The Dax hit our long entry resistance target at 13300, ending yesterday’s session with a daily close at 13321, opening the door to further upside in today’s session as long as we print above 13300 (confirming it as support level). European equities tracked their U.S. peers as a cocktail of vaccine optimism, clearing political uncertainty, and better than expected German IFO Business Climate Index sparked bullish momentum on the Dax-30.

Support: 13250 / 13200
Resistance: 13300 / 13400 /13500

SquaredFinancial Daily Market Outlook


SquaredFinancial Review

Source: https://www.squaredfinancial.com/learn/daily-market-outlook/dax-rises-on-risk-on-sentiment-dax-30-market-outlook-25-11-2020
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