DAXEUR

For DAXEUR, while Eurozone inflation was announced in line with expectations, UK inflation came in above expectations. European Central Bank President Lagarde commented that the market's intense interest rate cut expectation made the work of central banks difficult. DAXEUR lost nearly 1% of its value the day we left behind. As long as the DAXEUR index remains below the 16426 - 16500 region with support from the 34-period average, negative expectations are at the forefront. In the continuation of the pullbacks, 16300 - 16100 levels can be followed as support. In possible recoveries, prices towards 16590 - 16700 levels can be followed with the index closing above the 16500 resistance. Support: 16300 - 16100 Resistance: 16590 - 16700