DAXEUR

The prominent data of the week in Europe will be Germany's CPI. A CPI that meets expectations will be decisive for risk appetite, while globally, it will correlate with the direction of US stock markets. Volatility may increase after the data flow.

Technical Levels: 24878.46 - 24552.31 - 24227.37 - 23776.27 - 23126.43 - 22925.17 - 22599.62

If the pivot at 24227.37 is broken upwards, movements towards the resistances at 24552.31 and 24878.46 may be observed. In price levels below the pivot, supports at 23776.27 and subsequently at 23126.43 may come into focus.