DAX Wave Analysis – 31 July 2026Germany 40 (DAX) Spot IndexFXPRO:GERMANY40FxPro– DAX reversed from resistance level 25875.00 – Likely to fall to support level 25300.00 DAX index today reversed down from the resistance zone between the strong resistance level 25875.00 (which reversed the price at the start of July) and the upper daily Bollinger Band. The downward reversal from the resistance level 25875.00 is likely to form the daily Japanese candlesticks reversal pattern long-legged Doji. Given the strength of the resistance level 25875.00 and the overbought daily Stochastic, DAX index can be expected to fall further to the next support level 25300.00.