Dollar index has been weak on recent weeks and this move is likely to continue. I expect DAX to continue falling towards it's previous support and resistance levels at around 102, 101 then 100
If this move happens then it is good news for pairs like EURUSD and GBPUSD as they are all set to drift north. Fundamentally news have been against the dollar recently. On monday 3rd we had US ISM Manufacturing figures which came lower than expected. Today 4thmay24 their is JOLTS Job opening report which is also expected to be lower and this will be a negative driver for dax.
Always do your own research before pulling and shots . Use a hard stop loss and good luck. Check my socials and follow for updates
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