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DAX weighed down amid second wave of coronavirus – DAX 30 Market Outlook – 29/06/2020

Global indexes kick of the week on a risk off tone as Coronavirus cases topped 10 Million with confirmed deaths surpassing 500,000 as WHO reported the most infections for a single day. Investors await an array of Eurozone business and sentiment data to be released today as the index printed an hourly close below our support level at 12,035 favoring further downside with 11,800 as the closest support target.

Support: 12200/ 11900
Resistance: 12400 / 12572

SquaredFinancial Daily Market Outlook

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SquaredFinancial Review

Monday, 29 Jun, 2020 / 8:02

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Source : https://www.squaredfinancial.com/learn/daily-market-outlook/dax-weighed-down-amid-second-wave-of-coronavirus-dax-30-market-outlook-29-06-2020

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