Potential bullish bounce

Posted

Potential bullish bounce

Germany DAX 40 Index ICMARKETS:DE40

ICmarkets

The DAX (DE40) has made a bullish reaction off the pivot which has been identified as a pullback support. Could this index potentially bounce higher towards the 1st resistance?

Pivot: 17,680.30

1st Support: 17,004.20

1st Resistance: 18,560.76

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