- Major support – 11840.
- The index has formed a minor bottom at 11867 and jumped slightly from that level. DAX jumped till 12292 and is currently trading around 12151.
- On the higher side, minor jump can be seen if it breaks above 12220 (trend line joining 12956 and 12673) and any break above will take the index till 12325 (38.2% retracement of 12956 and 11867)/12574 (Jul 20th 2017 high).
- The index bearish continuation can be seen only below 11840.Any break below will drag the DAX down till 11420.
It is good to sell on rallies around 12220-12250 with SL around 12420 for the TP of 11935/11420.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro- Woodies pivot (Major)
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: GBP/AUD eases slightly, focus on near-term support
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: AUD/USD eases as investors await U.S. employment figures
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts 



