Market Summary The possibility of the USD DXY breaking lower, which can lead to an increase in DAX 40 and the Euro Dollar. As per the Elliott Wave Analysis, Wave (i) is tracking the first upward impulse wave on DAX 40. As a trading strategy, long side trades on DAX 40 should aim to secure profits at the highs and then purchase the dip that is likely to occur.
Elliott Wave Analysis Wave (i) tracking the first impulse wave upwards on the DAX 40
Trading Strategies: Long-side trades on the DAX, should lock in some profit into the highs and then buy the dip about to occur.
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