DAX Daily Time Frame Chart

Market news

16 November 2017

DAX Daily Time Frame Chart

As we can see on daily chart, DAX has been correcting its price since it reached new highs at 13511.

On the previous day, we watched the rejection of the price in the support level (12892.6).

If that rejections confirms, then we might expect an appreciation of DAX until the last high or even a formation of a new higher high.

European stocks closed: FTSE 100 +14.33 7386.94 +0.19% DAX +70.85 13047.22 +0.55% CAC 40 +35.14 5336.39 +0.66%

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