Dax may fall to 19200.00 - 19305.00

Pivot

19560.00

Our preference

Short positions below 19560.00 with targets at 19305.00 & 19200.00 in extension.

Alternative scenario

Above 19560.00 look for further upside with 19645.00 & 19725.00 as targets.

Comment

As long as 19560.00 is resistance, look for choppy price action with a bearish bias. .

Supports and resistances

19725.00

19645.00

19560.00

19453.70 Last

19305.00

19200.00

19070.00

Number of asterisks represents the strength of support and resistance levels.