DAXEUR

The Eurozone CPI data is of critical importance for the DAX Index. An inflation figure above expectations could create short-term pressure on the index as it would support the ECB's tight stance. Levels below 24,271.03 stand out as a risk factor. On the other hand, if a positive atmosphere develops in global markets, recoveries towards the resistance levels of 24,577 and 24,730 may be possible.