DAXEUR

European indices started the week with a negative performance before the ECB Interest Rate Decision and President Lagarde's speech. After England and France, the election calendar will focus on whether Ursula von der Leyen will continue as EU Commission President. The voting is expected to start at 14:00 on July 18. When we focus on today, we will follow the German ZEW Economic Sentiment and US Core Retail Sales data. Technically, as long as the 21 (18374) period exponential moving average currently supports the 18490 level, the positive trend may continue. If the upward demand continues, a movement area may form towards the 18680 and 18750 levels. Support Levels are the 18490 - 18380 range. Support: 18490 - 18380 Resistance: 18680 - 18750