DAXEUR

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DAXEUR

The European indices were generally positive during the day. The German industrial production index movements to be announced today can be followed before the German inflation data to be announced on the last trading day of the week on the economic calendar. We are following the DAXEUR index in the 17000 -17100 region with support from the 34-period average. Positive expectations on the relevant region are prominent. In the continuation of the rise, 17200 - 17300 levels can be followed as resistance. In the alternative scenario, it can be expected that the index will fall below the 17000 support for negative expectations and the pullbacks will accelerate. In this case, the 16900-16700 support is strong support. Support: 16900 - 16700 Resistance: 17100 - 17200