DAXEUR

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DAXEUR

As long as expectations for interest rate cuts from the ECB continue, the technical outlook for the index deemed suitable for long positions is positive. Although there are some data that could be considered partially negative regarding Germany, the overall outlook appears positive for Europe. Evaluating short positions is seen as risky, while support levels related to the upward trend are considered suitable for trading.

Support :

22718.19 22594.16 22426.37

Resistance :

23433.10 23265.32 23053.77