Technical analysis GER.30 for 29.03.2022

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 14835.00. The closest support is the level 14655.00

Key levels

• 15045.00, 14835.00, 14655.00, 14500.00, 14340.00, 14200.00, 14075.00, 13890.00

Trading scenario

• Recommended opening long positions (Buy) at the current price, with Take Profit of 14835.00 and Stop Loss of 14500.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 14655.00, with Take Profit of 14500.00 and Stop Loss of 14835.00