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Instrument: DE30
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 14016.7 with take profit at 14151.9.
Bearish Preference:
A Sell position is envisaged if price trades below 13624.6 with take profit at 13496.1.
Fundamentals:
No major Fundamental.
Comment:
Asian stocks came under renewed pressure on Wednesday as investors are worried about the impact of aggressive sanctions against Russia for invading Ukraine. In the latest tightening of restrictions on Moscow, the United States banned Russian flights using American airspace, following similar moves by the European Union and Canada.
Analysis: SCRUM Team
