Dax 40 Index Price Chart and Forecast - Technical Analysis By CSFX

 

DAX 40 PRICE TECHNICAL ANALYSIS: WEEKLY CHART

DAX 40 Price Technical Analysis
  • In the weekly charts, DAX 40 is trading in a downward channel.
  • DAX 40 is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
  • DAX 40 will follow a downward trend in the coming weeks.
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