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March 10, 2021 at 03:47PM
• Dax broke key resistance level 14200.00
• Likely to rise to resistance level 15000.00
Dax continues to rise strongly after the index broke the key resistance level 14200.00 (which stopped the two previous waves in February – 1 and (b)).
The breakout of the resistance level 14200.00 accelerated the active upward impulse wave 3 – which belongs to the intermediate impulse wave (3) from the end of January.
Given the acceleration of the active impulse wave 3 – Dax is likely to rise further toward the next resistance level 15000.00 (target for the completion of the active impulse wave 3).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/dax-wave-analysis-10-march-2021-20210310/
Selected by fonecable.com
Search Web: Dax Wave Analysis 10 March, 2021
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