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DAX40 Technical Analysis by VantoFX

DAX40 dives sharply from 24,170, retracing to the 61.8% Fibonacci support at 23,760. Early signs of stabilization emerge as RSI recovers from oversold territory.

Will bulls defend this key support and push back toward 23,970 and 24,010, or is there more downside ahead? A break below 23,760 risks a deeper fall to 23,600 and 23,460.

Watch for a breakout above 23,970 to confirm a recovery, or renewed weakness below 23,760 for continuation lower.

Read full analysis: DAX40 Rebounds from 61.8% Support Near 23,760

Start trading:
BUY ➡ Signal Link | Market Order
SELL ➡ Signal Link | Market Order

 

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