Dax daily: 28 Jun 2019
In the end, our analysis scored another success point as we fulfilled another statistic of price closing inside the previous day range, which had a probability of 87%. Today, we open with a small ascending gap.
- Resistance: 12 344
- Support: 12 120
Statistics for today
- Detailed statistics in the Statistical Application
- G20 Meeting
Today's session hypothesis
For today, our chances are pretty balanced from the Price Action perspective. Nevertheless, it's important to mention that yesterday's lower price rejection was significantly vigorous. For such reason, Dax is likely to rose climb towards 12 344 where we could find some sellers and return back to yesterday's range. Due to the G20 meeting in Japan, we can expect a slower price movement and nervous markets.