DAXEUR

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DAXEUR

The Dax index was among the indexes that lost the most value among other European indexes with a pullback of nearly 1% in the last session. The course of ADB and European stock exchanges can be followed during the day for the index, which fell below short-term averages on the second trading day of the week. As long as it moves within the 16900 - 17045 region with support from the 34-period average, the decision-making stage scenario is at the forefront. For positive expectations, the index may need to close above 17045. With the break 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, it can be expected that sales will gain momentum with the index breaking the 16726 support downwards. . Support: 16726 - 16600 Resistance: 16900 - 17045