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atharvaedake
Nov 5, 2023 12:37 PM

GER 40 - for 6.11.2023 

German 40 IndexPepperstone

Description


As seen in the previous few sessions, the index has significantly moved up breaking all the resistances. Now it has arrived at an important daily resistance range of 15280 - 15300 (20 points).

If it Breaks the support level of 15120, we can look for a good short opportunity with a range till 15030 (approx 100 points) or the index could experience periods of consolidation, with volatile fluctuations in both upward and downward directions.




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