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Daily Market Analysis 04.03.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 13532.4 with take profit at 13593.8 .
Bearish Preference: 
Sell position is envisaged if price trades below 13402.2 with take profit at 13346.8.
Fundamentals:
No major fundamental

Comment: 
European stock markets are expected to open sharply lower Friday amid signs the fighting in Ukraine is intensifying, with an attack on a nuclear plant reinforcing fears of an environmental catastrophe compounding the humanitarian one that is already happening.

Analysis: SCRUM Team

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