DAXEUR

The DAX Index was affected by the mixed trends across Europe and global risk perception yesterday. Today, the balance data coming from the Eurozone and especially the personal consumption expenditures data from the U.S. will influence the direction of the index. Changes in global risk appetite and expectations regarding major economies directly impact the DAX. In movements above the pivot point of 24017.94, resistance levels of 24198.38, 24565.74, and 24839.64 can be targeted. In case of a decline, support levels of 23650.58, 23470.14, and 23196.24 will be monitored.