DAX analysis for 8.4.2020
Hello traders!
So, yesterday we went through a major rezistence on
FDAX1! at 10 410 EUR. I took a long, went little bit more then 1:1 RRR in my favor, but then the price started to collapse slowly. The rest of the European session was quite boring and we finally got some movement after
4 PM CET.
Since the market eventually reacts on our resistence, we are expecting some more downtrend for today. The major support will be at around 10 000 EUR.
Good trading!
FINEIGHT Team
So, yesterday we went through a major rezistence on
FDAX1! at 10 410 EUR. I took a long, went little bit more then 1:1 RRR in my favor, but then the price started to collapse slowly. The rest of the European session was quite boring and we finally got some movement after4 PM CET.
Since the market eventually reacts on our resistence, we are expecting some more downtrend for today. The major support will be at around 10 000 EUR.
Good trading!
FINEIGHT Team
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