Since the beginning of June, the German benchmark has been fluctuating in the range between 15400 and 15800. Notably, in the upper part of the channel we can see one more level of intermediate resistance – 15700.
A confident breakout of both of these levels and consolidation of the price above 15800 will be a signal for further growth of the index.
This content is for informational purposes only and is not intended to be investing advice.
