From Investing.com: 2025-06-10 06:53:00

The Germany 30 CFD Index experienced a 0.4% intraday loss at the start of the European opening session, marking a four-day slide of 2.17% from the June 5 swing high. The index may have hit a minor cyclical low, with a bullish trend bias if key support at 23,900 holds and a potential upside trigger level of 24,240 is cleared. The price actions have formed an “Ascending Wedge” configuration, completing minor waves 1, 2, 3, and 4, with a potential final wave 5 upleg in progress. Today’s decline halted at the 20-day moving average and the lower boundary of the wedge, with a bullish reversal potential indicated by the 4-hour Stochastic oscillator. Failure to hold at 23,900 could lead to a corrective decline towards intermediate supports at 23,675 and 23,380.



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