DAX - BEARISH CORRECTION BEFORE CPITechnical Analysis DAX
The price remains within a bearish zone as long as it trades below 18,520, with potential targets at 18,290 and, below that, 18,180. Ahead of the inflation data, the trend is expected to remain bearish. However, during the release of inflation data, a reversal to a bullish direction is possible due to potential rate cuts.
Stabilization above 18,520 would support a rise towards 18,640 and 18,780.
Key Levels:
Pivot Point: 18520
Resistance Levels: 18640, 18780, 18970
Support Levels: 18345, 18260, 18180
Expected Range: 18540 - 18260
Trend: Bearish as long as the price remains below 18520.