DAXEUR

While European stock markets are expecting the bank to make a 25 basis point cut in the ECB interest rate decision to be announced tomorrow, European stock markets were negative yesterday. While the Dax40 index lost more than 1%, clues will be sought for the bank's next roadmap in President Lagarde's statements after the decision tomorrow. When we examine the short-term pricing of the DAXEUR index technically, we are following the 18600 - 18700 region. For positive expectations, it can be expected that the index will move above the relevant region supported by the 20 -89 period exponential moving average. As long as the index moves below the relevant region, negative expectations are at the forefront. In declines, 18500 - 18400 can be followed as support. Support: 18400 - 18300 Resistance: 18600 - 18700