DAXEUR

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DAXEUR

The DAXEUR index, which ended yesterday with a 0.10% decrease before the ECB interest rate decision to be announced tomorrow, started the week with buyers. In the ECB interest rate decision to be announced tomorrow, the bank is not expected to change interest rates. Lagarde's statements after the decision will be closely monitored for DAXEUR index movements, which managed to complete the week in the positive region. When we examine the short-term chart of the DAXEUR index technically, we are following the 17600 -17700 region with support from the 20-period exponential moving average. As long as the index is above the relevant region, positive expectations are at the forefront. In increases, increases towards 17800 and then 17900 may be seen. In the alternative scenario, it can be expected that the index will fall below the 17600- level for negative expectations in the possible suppression around the 17800 resistance and the pullbacks will accelerate. Support: 17600 – 17500 Resistance: 17800 – 17900