The Dax “hit” ( missed by 1 point ) our short support target at 12800, ending yesterday’s session also on a daily bearish reversal candle as German Covid-19 cases took center stage and weighed down on investor sentiment. Investors look ahead to today’s Eurozone CPI data and the FOMC meeting minutes with an hourly close below 12800 to confirm further bearish momentum.
Support: 12800/ 12600
Resistance: 13000 / 13135
