The Germany 40 index has rebounded from a low of 22,851 on Friday, aiming for target highs of 23,287 from the same day and 23,307 from early March. The record high of 23,473 from last week is also within reach. Support is observed between the mid-February high of 22,937 and the late February high of 22,829, positioned below Friday’s low.
Germany 40 Continues to Show Buying Pressure
The German Germany 40 index has bounced back from Friday’s low of 22,851 and is now eyeing Friday’s resistance level of 23,287, as well as the early March high of 23,307. Beyond these levels, the record high from last week at 23,473 is in sight.
There is minor support positioned below the mid-February high of 22,937, found between Friday’s low of 22,851 and the late February high of 22,829.