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Dax first resistance at 9695/9705 of course

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 7, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 07 April 2016 Dax June contract Dax first resistance at 9695/9705 of course, but the outlook for today at least is less negative & we could break higher to target 9765/70. A break above the gap at 9795 then opens the door to quite strong short term resistance at 9840/50. This is the best chance of a high for the day but if we continue higher look for a test of resistance at 9905/10. Failure to beat first resistance at 9695/9705 targets 9660/50 then 9615/05. A break below

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