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Stronger German ZEW could boost the DAX higher – DAX 30 Market Outlook – 15/09/2020

SquaredFinancial

The Dax ended yesterday’s session a tat lower after printing higher highs as surging travel and technology stocks helped counter losses in the energy sector as we look for an hourly close above 13200 resistance level to boost bullish momentum, favoring another run towards 13300. Investors are looking ahead towards German ZEW economic sentiment (Sep) to be released later today.

Support: 13135 / 13000
Resistance: 13200/ 13300 / 13400

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/stronger-german-zew-could-boost-the-dax-higher-dax-30-market-outlook-15-09-2020
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