DAXEUR

Powell's speech on Tuesday conveyed dovish messages that eased the markets, and the soft PCE inflation data on Friday could boost risk appetite in global stock markets, potentially driving the DAX towards resistance levels of 23703.70 and 23792.70. On the other hand, if Powell adopts a hawkish tone or if inflation comes in high, it could create selling pressure on the index due to concerns that interest rates will remain high for a longer period, leading to a test of the support level at 23527.33.