DAXEUR

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DAXEUR

Data flow on the European side is light; the focus is on risk appetite before the US market close. Sensitivity to bond yields and US data is high. The direction of global markets, led by technology, could be decisive for the DAX at the weekly close.

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

Holding above 24227.37 could bring the resistances of 24552.31 and 24878.46 into play. A drop below 23776.27 could open up space down to 23126.43.