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DAX tracked US Equities lower – DAX 30 Market Outlook – 30/09/2020

SquaredFinancial

European equities tracked U.S. equities lower after the first U.S. presidential debate succeeded only in roiling markets and increasing uncertainty, as the index breached our support level at 12800, continuing to print lower and favoring further downside with 12700 and 12600 as the next support targets. Eurozone inflation data along with ECB’s Lagarde tackling the subject of monetary policy stimulus in the Eurozone in focus today.

Support: 12700 / 12600
Resistance: 12800/ 13000

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/dax-tracked-us-equities-lower-dax-30-market-outlook-30-09-2020
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