DAXEUR
For Dax, a downward correction from peak levels with ECB President Lagarde's hawkish statements compared to US central bank President Powell last week. The DAX index, which opened the new week at 16916, is at the forefront as long as it moves within the 16900 - 17045 region with support from the 34-period average. The index may need to close above 17045 for positive expectations. With the breakdown of the 17200 psychological resistance, 17300 - 17400 levels can be targeted. With the continuation of the movement under the 16900 support, 16726 - 16600 will be followed as short-term support levels. In declines, sales can be expected to gain momentum with the index breaking the 16726 support downwards. . Support: 16726 - 16600 Resistance: 16900 - 17045