Type: Bullish RiseKey Levels:Resistance: 13781Pivot: 13383Support: 13004Preferred Case:With the price breaking the descending trendline and DIF line is crossing above the signal line in MACD , if the price could break the pivot at 13383, we could have a bullish bias that the price may rise to the 1st resistance at 13781, where the 78.6% fibonacci retracement and swing highs are.Alternative Scenario:Alternatively, the price may drop to the 1st support at 13004, where the 61.8% fibonacci retracement and overlap resistance are.Fundamentals:The German Final GDP q/q is higher than the expectation.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/micro-dax-futures-fdxs1-h4-potential-for-bullish-rise25"
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