- Harmonic pattern formed –Bearish Cypher Pattern
- Potential Reversal Zone (PRZ)- 11892
- The index has formed Bearish Cypher pattern in the hourly chart and any trend reversal can be seen only above 11892.
- DAX continuously showing its winning streak for the past five trading days. The index jumped from the low of 11463 which was made on Feb 7th 2017 and jumped till 11812 yesterday. It is currently trading around 11767.
- On the higher side ,11892 (Jan 26th high) will be acting as major resistance and any break above will take the pair to next level till 12000/12155 (161.8% retracement of 11892 and 11463).
- The index immediate support is at 11670 (200- H MA) and any break below will drag the DAX down till 11595 (61.8% retracement of 11463 and 11812)/11450 (trend line joining 11401 and 11444).
It is good to sell on rallies around 11770-11800 with SL around 11900 for the TP of 11400/11190.


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro- Major Crypto levels and bias summary
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: EUR/AUD slips after surprise U.S. employment data
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: NZD/USD retreats as Middle East instability weighs
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro- Woodies pivot (Major)
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report 



