DAX Targets New All-Time Highs After Gap Fill
The DAX is in a multi-month recovery and may soon reach new all-time highs, either after a pullback to the 23170–24000 area or through a direct rally.
DAX
The DAX index has been in a recovery phase for several months and now appears poised to challenge new all-time highs. According to a market analysis, the only uncertainty is the path: either a higher-degree A-B-C corrective pullback toward the 23170–24000 zone before the uptrend resumes, or an immediate push higher without a significant retracement.
Traders are watching the gap-fill dynamics that could set the stage for the next leg up. The bullish outlook is supported by the ongoing recovery structure and the index's proximity to previous highs.
Source: FXStreet Forex News