DAXEUR

We are in the middle of the week. On the one hand, the question mark of the coalition regarding the economic decisions taken after the elections in France and the consecutive warnings from credit rating agencies, and on the other hand, the cautious statements of Fed Chairman Powell regarding the interest rate cut occupy our agenda. After the Senate speech, we will also follow Fed Chairman Powell's presentation in the House of Representatives today, but our main focus will be on the CPI data to come from the US on Thursday. Technically speaking, as long as the 21 (18074) period exponential moving average currently supports the 18160 level, the positive trend may continue. If the upward demand continues, a movement area may form towards the 18290 and 18350 levels. Support Levels are the 18160 - 18080 range. Support: 18160 - 18080 Resistance: 18290 - 18350