Dax daily: 25 May 2020 DAX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) EUREX:FDAX1! FTMO The 11 000 price level has been broken to the upside and instead of it functioning as the resistance, Dax continued higher to retest the mid-range of Thursday. Bullish traders considered the low price inadequate after a huge down gap and the fair value from the mid-week served as their target, correcting the entire fall. Dax opens the week +1.3%. Important zones Resistance: 11 262 Support: 11 000 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases 10:00 CEST - German ifo Business Climate Today's session hypothesis For a change, Dax opens the week with an ascending gap. Friday's price action suggests a good start for the longer term longs. There is a resistance at 11 262 above and we'll need to monitor the price behaviour there. It could turn out the price will leave the current range and finally head towards 11 415 being the next resistance in sight.