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German Dax gets closer to its 100 day MA this week.

The German Dax trended lower this week after reaching an all-time high last week at 16427.42.The move lower this week reached a low (today) at 15733.12. That low is getting closer to the rising 100 day MA at 15665.44. The low was still 68 points away, but be aware, be prepared. As a guide, the price traded last below the 100-day MA back on March 20. However, the price snapped back higher and closed above that level. You have to go back to October 24 for the last time, the price of the German Da... Read More

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German

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Posted: Jun 23 2023, 16:16

Author Name: forexlive

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