FxWirePro:DAX30 faces strong support at 90 H EMA, good to sell on rallies

• Major intraday support – 10600
   
• The index has made a temporary top around 10806 and declined from that level. It is currently trading around 10669.
   
• In the hourly chart, DAX is trading slightly below Tenkan-Sen (10673) and 10698 (Hourly Kijun-Sen). But it should break below 10600 (90 H EMA) for further weakness.
   
• Any break below 10600 will drag the index down till 10455/10365 (61.8% retracement of 10093 and 10806)/10200.
   
• On the higher side, any break above temporary top around 10806 will take the pair till 10915/11000.

It is good to sell on rallies around 10660-670 with SL around 10810 for the TP of 10455/10365/10240