13 250 will be decisive in DAX

Jan 8, 2020

DAX30 continues to recover. The rising tensions between the U.S. and – Iran drew reaction from the political actors in Europe. Following the retaliations between two countries, anti-war statements made by Iranian officials lead to a recovery movement in the index. There is a desire to rise in the German index and for the continuation of the current recovery, 12 250 area will be on our radar. If the upward movements exceed this area, we will follow 13 330 level. In possible retreats, on the other hand, 13 180 and 13080 will be on our radar as the support levels.