DAXEUR

Europe's leading index DAX is trading above the pivot level of 23363. While the low inflation expectations in the Eurozone support the index, attention is on the Fed's decision this evening. A "dovish" Fed could boost global risk appetite, propelling the index towards resistance levels of 23435 and 23645. Conversely, "hawkish" signals could create selling pressure in global markets, pulling the DAX down to the support level of 23154.