DAXEUR

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DAXEUR

In DAX, 24,068.39 pivot is a critical decision zone. As long as the index can hold above this level, 24,167.08 will be the first resistance, followed by 24,299.53, supporting a recovery trend; 24,451.19 should be monitored as a major ceiling area in the broad range. Closures below the pivot indicate weakness and make 23,935.88 a short-term target; if a strong buying response does not occur from here, it is likely that sales will accelerate towards 23,837.19, with pressure becoming more evident alongside 23,721.53. Although Germany's CPI data may create short-term effects through the Euro and regional interest rate expectations, the main price driver of the day will be the US Core PCE.