DAXEUR

Geopolitical risks and global growth concerns exert pressure on risky assets such as the DAX. The index may face selling pressure by staying below the pivot level of 23336.74. In this case, the support at 23239.48 may be tested first. If the selling deepens, the level of 22979.14 will be an important support point. If market tensions ease, a recovery towards the resistance of 23597.08 may be observed.