- Major resistance- 9975 (55 day EMA)
- Major support -9750
- DAX has made a high of 9963 and started to decline from that level. It is currently trading around 9845.
- Short term trend is weak as long as resistance 9975 holds. Any short term bullishness can be seen only above 9975.
- Any violation above 9975 will take the index till 10200/10500.
- On the lower side 9750 is acting as major support and trading below that level will take the index till 9566/9440 (Apr 2016 low).
It is good to sell on rallies around 9900 with SL around 10000 for the TP of 9750/9660/9566


FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro- Major Pair levels and bias summary
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 



