Germany 50 Wave Analysis – 25 March, 2022

• Germany 50 reversed from resistance level 32000.00
• Likely to fall to support level 30000.

Germany 50 index recently reversed down from the resistance level 32000.00 (which has been reversing the price from last January).

The resistance zone near the resistance level 32000.00 was strengthened by the 61.8% Fibonacci correction of the downward impulse 1 from February.

Germany 50 index can be expected to fall further toward the next round support level 30000.00 (target for the completion of the active wave B).