investsoft

DAX buy opportunity

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OANDA:DE30EUR   Germany 30
DAX still remains in consolidation between 12850 and 13250. In this week we could observe price trying to go above the 13250 level, but strong supply appeared over 13300. Sellers not only stopped further increases but also absorbed the last growth and pushed the price to 13000. As we have already seen before, there is a strong support level. On the 14th and 15th of December we saw a lot of buyers here. Near 13000 can be a good place to open a long position. The first target for a long order will be 13080-13090. The second target will be 13200-13250.
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