Major European Indices Technicals

DAX:

• DAX recovered after making a low of 9808 yesterday. It is currently trading around 10024.
   
• The minor resistance is around 10050 and any break above 10050 will take the DAX  to next level 10350/ major resistance is around 10610.
   
• The index major support is around 9800 and break below targets 9500/9250

It is good to buy at dips around 9950 with SL around 9800 for the TP of 10340/10490

UK FTSE 100:

• FTSE 100 has once again recovered after making a low of 5876. Short term trend is still bullish as long as support 5850 holds.
   
• On the higher side major resistance is around 5985 and any break above 5985 will take the index till 6060/6100/6140.
   
• The pair's major support is around 5850 and break below targets 5800/5768.

It is good to buy at dips around 5920 with SL around 5850 for the TP of 6060/6130

France CAC Index:

• CAC has recovered after making a low of 4319. It is currently trading at 4403.
   
• On the higher side minor resistance is around 4430 and any break above 4430 will take the index to next level 4485/ trend reversal only above 4750.
   
• The index support is at 4300 and below that level will target 4270/4225.

It is good to buy at dips around 4300 with SL around 4200 for the TP of 4430/4485.