Germany 30 Technical: Bullish Momentum Remains Intact

<p><img width="612" height="410" src="https://www.actionforex.com/wp-content/uploads/2022/12/f-dax7.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/12/f-dax7.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/12/f-dax7-600×402.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/12/f-dax7-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/12/f-dax7-300×201.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key elements remain positive that support the ongoing short-term uptrend phase. Watch the key short-term support at 15,930. Next intermediate resistance stands at 16,200. Since its bullish breakout from its former medium-term descending channel resistance last Tuesday, 14 November, the price actions of the Germany 30 Index (a proxy for the DAX futures) have continued [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/528861-germany-30-technical-bullish-momentum-remains-intact/">Germany 30 Technical: Bullish Momentum Remains Intact</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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